Category: Central Bank of Russia

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

On August 19, 2025, the Bank of Russia will issue commemorative coins “50th Anniversary of the Foundation of Kogalym” of the “Cities” series. This city in the Khanty-Mansi Autonomous Okrug – Yugra is known as a center for oil production and refining.

The silver coin with a face value of 3 rubles (pure precious metal content — 31.1 g, alloy fineness — 925) has a round shape with a diameter of 39.0 mm (catalog No. 5111-0526). The gold coin with a face value of 100 rubles (pure precious metal content — 15.55 g, fineness — 999) has a round shape with a diameter of 30.0 mm (catalog No. 5217-0050).

There is a raised edge along the circumference of both the obverse and reverse sides of the coins.

On the obverse of the coins there is a relief image of the State Emblem of the Russian Federation, there are inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", coin denomination "3 RUBLES", "100 RUBLES", date "2025", designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, alloy fineness, trademark of the St. Petersburg Mint and pure mass of precious metal.

On the reverse side:

— the 3-ruble coin has a relief image of the sculptural composition "Glory to Labor" dedicated to the discoverers of Kogalym oil, the pioneers of the Tyumen North, against the background of images of an oil rig and a pumping unit made using the laser matting technique; the lower part of the coin is crossed by a relief ornamental strip; there are inscriptions: at the top along the circumference – "KOGALYM", at the bottom left in a round frame in two lines – "50 YEARS".

The side surface of the coin is ribbed.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces;

— the 100-ruble coin has relief images: in the center — the sculptural composition “Drop of Life”, on the left — the Church of the Holy Martyr Tatiana, on the right — city houses; the lower part of the coin is crossed by a relief ornamental strip; there are inscriptions: at the top along the circumference — “KOGALYM”, at the bottom in a round frame in two lines — “50 YEARS”.

The side surface of the coin is ribbed.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coins are legal tender in the Russian Federation and must be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

08/18/2025 12:00:00

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 –

An important disclaimer is at the bottom of this article.

On August 18, 2025, the Bank of Russia will issue a commemorative coin of 50 rubles made of base metals with an image of the military-historical museum complex "Saur-Mogila" (catalog No. 5716-0002). Saur-Mogila is a burial mound in the Donetsk region, 277.9 meters high, which was of great strategic importance during the Great Patriotic War. The mound was liberated from the German invaders in August 1943 after long, bloody battles.

The coin has a circular shape with a diameter of 28.0 mm. The coin is combined and consists of a disk and an outer ring.

The front and back sides of the coin have a raised edge around the circumference.

The side surface of the coin is ribbed with the inscription “50 RUBLES”, repeated twice and separated by asterisks.

On the front side of the coin, there are inscriptions on the ring along the circumference: at the top – "BANK OF RUSSIA", at the bottom – "2025". On the left and right on the outer ring there are images of laurel and oak branches, passing onto the disk. In the center of the disk there is the number "50" and the inscription "RUBLES" under it, indicating the denomination of the coin. Inside the number "0" there is a protective element in the form of the number "50" and the inscription "RUB", visible at different angles to the plane of the coin. At the bottom of the disk there is the trademark of the Moscow Mint.

On the reverse side of the coin there is a relief image of a fragment of the memorial complex "Saur-Mogila"; on the ring along the circumference there are relief inscriptions separated by dots: in the upper part – "YEAR OF THE DEFENDER OF THE FATHERLAND", in the lower part – "SAUR-MOGILA".

The mintage of the coin is 1.0 million pieces.

The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

08/18/2025 10:00:00

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 –

An important disclaimer is at the bottom of this article.

In the second quarter of 2025, the growth in the number of individual investment accounts (IIA) accelerated. Their number increased by almost 94 thousand and exceeded 6.2 million. Broker clients continued to actively replenish IIAs, and when choosing assets, they preferred bonds.

The net inflow of funds into brokerage accounts amounted to 39 billion rubles (in the first quarter – 36 billion rubles). As a result of replenishment of accounts and positive revaluation of Russian bonds, the volume of assets in IIS reached 680 billion rubles.

The share of debt securities in the investors' portfolio increased to 39%, while the share of Russian stocks fell to 33% – the minimum since the second quarter of 2023. Cash accounts for only 6%.

Read more in the article “Individual Investment Accounts Segment Trends in Q2 2025".

Preview photo: Cagkan Sayin / Shutterstock / Fotodom

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 –

An important disclaimer is at the bottom of this article.

The Bank of Russia in connection with the entry into force new Regulations on mandatory reserves from August 1, 2025 sets mandatory reserve requirements and coefficients for calculating the reserve liabilities of Russian credit institutions and branches of foreign banks.

The mandatory reserve standards and mandatory reserve averaging coefficients for Russian credit institutions are set at the current level, for branches of foreign banks – at the level established for non-bank credit institutions:

mandatory reserve ratios:

4.5% — for all categories of liabilities in the currency of the Russian Federation for banks with a universal license, non-bank credit institutions and branches of foreign banks; 1% — for all categories of liabilities in the currency of the Russian Federation for banks with a basic license; 6% — for all categories of liabilities in the currencies of friendly countries for all credit institutions and branches of foreign banks; 8.5% — for all categories of liabilities in the currencies of unfriendly countries for all credit institutions and branches of foreign banks;

required reserve averaging coefficients:

0.9 — for banks with a basic license and banks with a universal license; 1 — for non-bank credit institutions and branches of foreign banks.

The coefficients for transactions involving a credit institution – a central counterparty, used to calculate the amount of mandatory reserves of Russian credit institutions and branches of foreign banks, are set at the current level:

0.25 — for liabilities in the currency of the Russian Federation; 0.07 — for liabilities in the currencies of unfriendly countries; 0.4 — for liabilities in foreign currency (except for liabilities in the currencies of unfriendly countries).

The adjustment coefficient for determining the amount of liabilities to other resident credit institutions and branches of foreign banks for issued debt securities subject to exclusion from the composition of reserved liabilities is set at the current level of 0.2.

New mandatory reserve ratios, mandatory reserve averaging coefficients and coefficients for calculating the reservable liabilities of Russian credit institutions and branches of foreign banks will be applied starting with the calculation of the amount of mandatory reserves for August 2025.

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 –

An important disclaimer is at the bottom of this article.

During the inspection, the Bank of Russia established facts of illegal use of insider information by Mikhail Vladimirovich Papkin when conducting transactions with ordinary shares of PJSC Ashinsky Metallurgical Plant (hereinafter referred to as the Shares, the Company).

On 12.08.2024, the decision of the Board of Directors of the Company to recommend to the General Meeting of Shareholders the payment of dividends in the amount of 77 rubles per Share from the net profit received based on the results of the first half of 2024 and the retained earnings of previous years was published on the website of the Central Research and Development Company 1 of the Interfax agency. This information was insider information of the Company.

Considering that dividends on the Shares had not been paid for over 20 years, this news provoked a sharp increase in the value of the Shares, in connection with which a discrete auction was held on the Shares on 12.08.2024.

Papkin M.V., being an insider and a member of the Board of Directors of the Company, participated in a meeting of the Board of Directors on 09.08.2024, at which issues of convening an extraordinary general meeting of shareholders and the amount of dividends were considered. On the day of the meeting, he made a series of transactions to purchase Shares. After the disclosure of insider information on the decision to recommend the payment of dividends on 12.08.2024, Papkin M.V. made a series of transactions from 13.08.2024 to 19.08.2024 to sell the acquired volume of Shares at a price significantly exceeding the purchase price, making a profit.

Thus, it was established that Papkin M.V. unlawfully used the Company’s insider information, in connection with which his actions were qualified by the Bank of Russia as a violation of the prohibition established by paragraph 1 of part 1 of article 6 of Federal Law No. 224-FZ.

Papkin M.V. was brought to administrative responsibility for the illegal use of insider information, and he was given an order to prevent similar violations in the future.

In addition, the Bank of Russia sent instructions to professional participants in the securities market and trade organizers to suspend operations on the brokerage accounts of M.V. Papkin.

The Bank of Russia draws attention to the inadmissibility of the unlawful use of insider information when making transactions by insiders of the issuer, as well as the need for issuers and other legal entities specified in Part 1 of Article 11 of Federal Law No. 224-FZ to properly fulfill their obligations in terms of taking measures to prevent, identify and suppress the unlawful use of insider information, including ensuring its protection and confidentiality.

1 Corporate Disclosure Center.

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 –

An important disclaimer is at the bottom of this article.

Nominal interest rates declined significantly, while the decline in yields in real terms was less pronounced due to the slowdown in current price growth. Inflation expectations of the population changed unevenly and remained elevated.

The reduction in rates in June affected almost all segments of the credit and deposit market. Bank lending conditions remained tough. Against this background, the growth of credit to the economy and the money supply was restrained. In July, according to preliminary data, the same trends were maintained in the dynamics of rates and credit activity.

Read more in the information and analytical section comments "Monetary conditions and the transmission mechanism of monetary policy."

Preview photo: Lidiia | Shutterstock | Fotodom

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.