Category: Central Bank of Russia

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Corporate loans once again made the decisive contribution to growth. At the same time, consumer lending also began to increase in August. As a result, broad money supply growth accelerated to 1.4% from 0.8% in July, despite the negative contribution of budget transactions.

Cash in circulation increased in August at a rate comparable to June and July. As deposit rates declined, the contribution of household ruble funds to money supply growth also declined.

Preview photo: Barddim / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia is recording cases in which underage bank clients (aged 14 to 18) are drawn into money laundering operations, illegal entrepreneurship, dropshipping, and other illegal schemes.

To banks recommended Warn teenagers about such risks immediately upon opening an account, and also inform their parents or other legal guardians about the cards issued to them. For this purpose, the terms of contracts, including existing ones, may be clarified.

Banks are advised to identify in their internal anti-money laundering documents indicators that may indicate the involvement of minors in illegal transactions.

Thus, to form an idea of the teenager's typical transfer transactions, banks should find out which relatives may transfer money to these clients and to whom the minors themselves plan to transfer funds. If it later turns out that the teenager has begun receiving large transfers from an unknown person or has begun transferring large amounts themselves, the bank will contact the minor's representative. The agreement may also specify a limit on certain transactions. Furthermore, if the bank suspects that the transactions are not being made by the teenager themselves or that they are acting under someone else's influence, the credit institution has the right to refuse the transaction.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Contest The competition will be held for the second time. Each region can submit its projects up to and including October 20, 2025.

The competition's goal is to foster financial literacy among citizens across the country and disseminate successful practices. The winning projects will receive informational, expert, and methodological support. Furthermore, the winning regions will host an annual final conference to share best practices in improving financial literacy.

The competition is organized by the Bank of Russia and the Ministry of Finance of Russia. By decision of the Government of the Russian Federation, the competition will be held annually starting in 2024. Winners receive the "Capital of Financial Culture" status for one year. Following the results of the previous competition, this status was awarded to Krasnoyarsk Krai and Nizhny Novgorod Oblast.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The meeting was attended by the Chairman of the Bank of Russia Elvira Nabiullina, the Chairman of the Board of the National Bank of the Republic of Belarus Roman Golovchenko, as well as delegations from the central banks of the two countries.

The meeting participants discussed the current situation in the financial market, forecasts for economic development and monetary policy in Russia and Belarus for 2026, prospects for the development of the digital financial asset market in the two countries, and national central bank digital currency platforms.

At the meeting, the heads of financial regulators signed the Regulation on the Joint Supervisory Board, as stipulated by the Russian-Belarusian Agreement on Cooperation and Exchange of Information, Including Confidential Information, in the Sphere of Supervision and/or Control of the Financial Market.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Prices for goods and services fell in 70 Russian regions in August compared to July, and in four of them, the decline was even greater than the previous month. Annual inflation also slowed in most regions (77).

Over the past month, prices for fruits and vegetables, eggs, butter, and vegetable oils have fallen again. Non-food prices fluctuated in different ways. Certain import-dependent items increased in price due to the slight weakening of the ruble—for example, communications equipment, perfumes and cosmetics, clothing, and footwear. Other categories, on the contrary, continued to decline in price: passenger cars, tools, and equipment.

Despite declining, annual inflation in August still significantly exceeded the target. The Bank of Russia is pursuing monetary policy aimed at returning annual inflation to 4.0% in 2026 and maintaining it near that level thereafter.

For more information on inflation in each region, please seeinformation and analytical materials, published on the Bank of Russia website.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The growth rate of the Russian derivatives market in 2024 and the first half of 2025 decreased due to limited access to external markets.

Foreign currency derivatives transactions stabilized in 2025. The decline in foreign currency settlements for foreign trade transactions limits the potential of this market segment.

The volume of interest-bearing derivatives has increased slightly, but the prolonged period of tight monetary conditions and the expectation of their gradual easing are reducing interest in hedging interest rate risks.

The lack of Russian indicators that accurately reflect current prices hinders the development of commodity derivatives. Only derivatives on precious metals are the most actively traded.

Exchange-traded derivatives are developing quite dynamically. The volume of open positions in futures contracts on the Moscow Exchange's derivatives market has grown by almost a third. The most significant increase was in the money market section.

Read more in the information and analytical material Derivatives Market.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Annual supervisory stress testing will become mandatory for all systemically important banks starting in 2028. The stress test results will impact the assessment of the bank's economic position and, consequently, the amount of contributions to the Mandatory Deposit Insurance Fund. They will also be factored into internal capital adequacy assessment procedures, which may determine whether the bank will receive an additional capital buffer.

The new approach will encourage credit institutions to accumulate the capital reserves necessary to independently overcome potential stress, which will increase the resilience of the banking sector as a whole.

For more details, please read the public consultation report. "The Concept of Supervisory Stress Testing of Credit Institutions"Responses to the questions posed in the report, as well as comments and suggestions regarding it, may be sent to the Bank of Russia up to and including October 17, 2025.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Bank of Russia offers to discuss, what risks does climate change create for the economy and financial markets and how to assess these risks.

Climate change, which is accompanied by increased heat, more frequent floods and droughts, is damaging human health, infrastructure, and agriculture, all of which inevitably pose risks to financial stability.

According to various estimates, Russia could potentially benefit from climate change if preventive measures are taken, but could also face damages of 1–2% of GDP annually, which would be most noticeable in certain regions and industries. Therefore, it is important to develop risk assessment tools, monitoring and disclosure of information on physical climate risks, improve stress testing and improve data quality.

Responses to the questions presented in the report for public consultation, as well as comments and suggestions on it, will be accepted until October 17, 2025 inclusive.

Preview photo: Alexander Ryumin / TASS

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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This year, Open Day will be held on September 27 in 73 cities, including Moscow, in the main building of the Bank of Russia on Neglinnaya Street.

Participants will enjoy excursions, lectures and master classes, quests and games dedicated to the history of banking in Russia and modern finance. The events are designed for different audiences, but most of them can be visited by the whole family.

You can familiarize yourself with the program and register to participate Here.

The number of places is limited, but history buffs can visit the Bank of Russia Museum on other days by signing up for regular excursions.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.