Financial news: The Bank of Russia has compiled a profile of the head of a financial institution.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The typical head of a financial institution is a man aged 50, with a university degree, and an average tenure of five years. The Bank of Russia compiled this profile based on data on the heads (sole executive bodies, or SEBs) of credit and insurance institutions, non-state pension funds, microfinance institutions, and management companies.

Two-thirds of executives are men, although the proportion of women has increased slightly in recent years. Most CEOs have a higher education in economics, and the least have an education in IT. Almost 20% of company heads own shares or stakes in the organizations they lead.

Read more in the article "Portrait of the Head of a Financial Organization".

Preview photo: New Africa / 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.

Financial news: 02/18/2026, 10:49 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for security RU000A0JT403 (VEB.RF 18) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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February 18, 2026

10:49

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on 18.02.2026, 10-49 (Moscow time), the values of the upper limit of the price corridor (up to 112.09) and the range of market risk assessment (up to 1248.51 rubles, equivalent to a rate of 12.5%) of the security RU000A0JT403 (VEB.RF 18) were changed.

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.

Financial news: On February 18, 2026, the Territorial Development Fund will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Parameters:

The deposit auction date is 18.02.2026. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 610,000,000. The placement period is 14 days. The date of depositing funds is 18.02.2026. The date of return of funds is 04.03.2026. The minimum placement interest rate, % per annum is 15.5. The terms of the conclusion are fixed-term or special (fixed-term).

The minimum amount of funds placed per application (in the placement currency) is 610,000,000. The maximum number of applications from one Participant is 1. Auction format: open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 10:30 to 10:40. Applications in competitive mode from 10:40 to 10:45. Setting the cutoff rate or declaring the auction void before 10:55. Additional terms.

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.

Dmitry Patrushev and Vladimir Region Governor Alexander Avdeev discussed agricultural development and the implementation of environmental protection measures in the region.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Dmitry Patrushev and Vladimir Region Governor Alexander Avdeev discussed agricultural development and the implementation of environmental protection measures in the region.

Deputy Prime Minister Dmitry Patrushev held a working meeting with Vladimir Region Governor Alexander Avdeyev. The main topics of discussion were the development of the agro-industrial complex and the region's environmental well-being.

Last year, 1.3 billion rubles were allocated from the federal budget to support the agro-industrial complex and rural development in the Vladimir region, and a comparable amount is planned for this year.

The regional governor reported that meat and dairy farming had improved by the end of 2025. In particular, raw milk production last year exceeded 555,000 tons, a record for the region.

The harvest of grain and leguminous crops in 2025 is expected to exceed 300,000 tons, which is also the best result in almost 30 years.

This year, it is planned to increase the area under certain oilseeds and industrial crops.

The Deputy Prime Minister emphasized the importance of providing farmers with all necessary material and technical resources ahead of the start of the season.

The region is placing significant emphasis on improving living conditions in rural areas. Four measures are being implemented in the region in 2026 under the comprehensive rural development program. In the town of Lakinsk, a sports complex and a kindergarten are being built, and a school and kindergarten are undergoing major renovations. From 2020 to 2025, the comprehensive rural development program will benefit approximately 60,000 residents in 12 municipal districts.

Dmitry Patrushev and Alexander Avdeev also discussed the implementation of environmental protection measures. As part of the "Environmental Well-Being" national project, the Vladimir Region plans to commission modern and safe waste management facilities, eliminate accumulated environmental damage, and clean up water bodies. By 2030, 1.5 billion rubles are planned to be allocated from the federal budget for these national project activities.

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.

Alexander Novak held another meeting on increasing labor productivity.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Alexander Novak held a meeting on improving labor productivity with the participation of Minister of Economic Development Maxim Reshetnikov, Chairman of the State Duma Committee on Economic Policy Maxim Topilin, representatives of federal and regional authorities, and public associations. The meeting addressed the areas of agriculture, forestry, ecology, sports, and healthcare.

During the meeting, industry ministries and agencies presented programs to improve labor productivity through 2030. These programs focus on implementing modern technologies, applying new management approaches, enhancing organizational culture, standardizing processes, implementing platform-based digital and off-the-shelf solutions, and demonstrably effective best practices.

The Deputy Prime Minister noted the importance of examining each sector in terms of specific indicators reflecting ongoing processes and productivity trends. "To ensure sustainable economic development, it is essential to conduct a comprehensive assessment of all key areas and set more ambitious productivity growth targets. This approach will enable timely, effective management decisions in each area," noted Alexander Novak.

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.

Denis Manturov addressed participants of the educational program "Fundamentals of Russian Statehood."

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Denis Manturov addressed participants of the educational program "Fundamentals of Russian Statehood."

First Deputy Prime Minister Denis Manturov addressed participants of the educational program "Fundamentals of Russian Statehood," the final day of which was held at the National Center "Russia" with the support of the People's Front. The program aims to improve the effectiveness of public and political work in the corporate sector in preparation for the 2026 election campaign.

The total number of participants was over 1,500 people from 88 regions of the Russian Federation, including the capital region, industrial centers, and newly established regions. Forty-seven of Russia's largest companies from key economic sectors participated in the corporate training program, including Transneft, Gazprom, Rostec, Rosseti, and Russian Railways.

The event took place in the format of a plenary discussion, during which representatives of the highest government bodies and the expert community spoke.

"The United Russia party collects all citizens' requests and translates them into concrete solutions. All of this is reflected in its key election document, the People's Program. During the pandemic, the party provided volunteer assistance, helped deliver groceries, and cared for the elderly. It was then that the very instrument of volunteerism, which today, in essence, holds our country together, was formed. From the first days of the People's Military Service, the party launched its humanitarian mission, uniting those willing to help the front and ensuring the creation of a unified system of social support for soldiers and their families. Since 2022, 154 special laws dedicated to participants in the People's Military Service have been adopted. This is an exceptionally important, I would even say, unprecedented event in our country. The implementation of the current People's Program is almost complete. For United Russia, the most important part of the election campaign will be a detailed report on the implementation of the People's Program, on how the party has implemented the national priorities that “The President of the country has defined how life is changing in all our cities and villages,” said Dmitry Medvedev, Deputy Chairman of the Security Council and Chairman of the United Russia party.

Denis Manturov outlined the areas that underlie the course toward technological leadership.

"First and foremost, we're talking about machine tool manufacturing, the technological status of which determines the potential of the manufacturing industry. Since 2022, our companies have nearly tripled their machine tool production and mastered the production of high-end machining centers. Currently, the Russian industrial product registry includes over 1,150 types of machine tools. Their use allows for the regular renewal of companies' fixed assets. Domestic industrial robots are also crucial here. Eleven Russian companies currently produce them, and have launched the same number of models on the market. Another dozen prototypes are in the final stages of testing," the First Deputy Prime Minister noted.

Other areas include the development of chemistry and biotechnology, microelectronics and electronic engineering, and space services. Particular attention must be paid to training highly qualified personnel, bridging the gap between fundamental and applied science, and ensuring balanced industrial development in all regions.

"The Russian economy has much to be proud of in its platform solutions. Our digital trading companies are among the top ten largest marketplaces in the world, and these platforms are expanding beyond our borders, expanding to Africa and Asia. Thanks to their activities, new countries are becoming part of the Russian platform ecosystem. Yandex is already global, operating in 35 countries. There, it competes with market giants, offering modern, competitive Russian solutions. Russia is one of only three countries, along with the US and China, that enjoys complete sovereignty over internet, social media, and messaging solutions. But our country is distinguished by its willingness to share its solutions in a partnership format," emphasized Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office.

"Over the past decade, we have succeeded in creating a sustainable system—a community of electoral commissions, a unique public-sector institution. Our commissions represent a cross-section of society, representing various political parties. The electoral system is robust, yet dynamic and creative, despite the unprecedented challenges we have faced," noted Ella Pamfilova, Chairperson of the Central Electoral Commission.

"More than 1,500 people, at the initiative of the Popular Front, completed training at the Presidential Academy under the 'Fundamentals of Russian Statehood' program. The participants demonstrated a high level of preparation in the final exam and articulated a wide range of questions for today's discussion. One of the most frequently raised topics was external restrictions and sanctions pressure, which have enabled domestic industry to not only significantly increase production for the defense industry but also maintain growth momentum in civilian sectors," said Alexey Komissarov, co-chair of the Popular Front's central headquarters and rector of the Presidential Academy.

During the plenary session, Rostec State Corporation CEO Sergey Chemezov noted the value of such meetings for business, adding that this is precisely why Rostec promptly responded to the initiative of the Popular Front and the Presidential Academy. According to him, 250 people from 18 holdings and organizations of the corporation completed the educational program.

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.

Financial news: Simplifying the issuance of securities: a report from the Bank of Russia.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The Bank of Russia intends to simplify access to the securities market, retaining only the registration of assets that are sensitive in terms of potential risks for a wide range of investors. The initiatives are presented inreport for public discussionThis approach will facilitate companies' entry into the capital market, reduce their costs, and reduce the timeframe for issuing securities. At the same time, disclosure requirements for issuers and guarantees for investor protection will remain.

When optimizing issuance procedures, the Bank of Russia will consider the company's status (public or non-public), the category of investors for whom the securities are intended (qualified or non-qualified), the issue volume, the par value of the securities, and other factors. One proposal is to exempt share issues in non-public joint-stock companies with no more than 50 shareholders from registration, while maintaining the company's obligation to maintain records of securities with a registrar. It is also proposed to reduce the timeframe for exercising shareholders' preemptive rights to purchase additional shares from 45 days to 15 business days. This will allow issuers to respond more flexibly and quickly to favorable market conditions in order to raise capital.

Regarding bonds, the changes will affect simple types – those with a fixed income (par value plus coupon income), a limited maturity, and centralized rights accounting. Issuers will no longer need to register such bonds or a prospectus if their borrowing volume does not exceed 3 billion rubles per year. When admitting bonds to organized trading, exchanges will verify compliance with the law.

The regulator may delegate the registration of structured bonds placed on the organized market to the exchange, and over-the-counter (OTC) bonds to the central depository, provided that the issue parameters, including the type of underlying asset, income structure, and payment procedure, are standardized. It will retain only issues with more complex terms that do not fit the established templates. Alternatively, a complete waiver of registration for such instruments is being considered. In this case, the exchanges will be responsible for verifying the legality of the bonds at the admission stage. The Bank of Russia is also prepared to waive the registration of bonds intended for qualified investors with a par value exceeding 3 million rubles.

Responses to the questions presented in the report, as well as comments and suggestions regarding it, can be sent to the Bank of Russia up to and including March 31, 2026.

Preview photo: Pla2na / 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.

Financial news: On holding auctions on February 18, 2026 to place OFZ issues No. 26245RMFS and No. 26254RMFS.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that, based on a letter from the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Trading on the Stock Market, Deposit Market, and Loan Market of Moscow Exchange PJSC, the order establishes the form, time, duration, and procedure for holding auctions for the placement and trading of the following federal loan bonds:

1.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26245RMFS from May 8, 2024
Date of the auction February 18, 2026
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26245RMFS9
ISIN code RU000A108EG6
Settlement code B01
Additional conditions of placement

The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.

Trading time Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

2.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26254RMFS from October 17, 2025
Date of the auction February 18, 2026
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26254RMFS1
ISIN code RU000A10D533
Settlement code B01
Additional conditions of placement

The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.

Trading time Trading hours: bid collection period: 12:00–12:30; bid execution period: 13:00–18:00.

Contact information for media: 7 (495) 363-3232PR@moex.com

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.

Financial news: The All-Russian online Olympiad on financial literacy and entrepreneurship will begin on March 3.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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For the first time, not only schoolchildren, but also children aged 5 to 7 will be able to participate. The Olympiad will run until April 2nd inclusive on the website Uchi.ru.

This year, participants will create a business plan using neural networks, separating artificial intelligence delusions from useful advice, insuring a knight, horse, and castle before a campaign, and recognizing scammers' tricks. Depending on their results, participants will receive a certificate, diploma, or diploma, and their teachers will receive letters of appreciation.

In just one hour, you need to complete 8 tasks, which are adapted to the age of the participants.

"This Olympiad helps cultivate a financially literate generation of young entrepreneurs. And not just entrepreneurs, but people in general who know how to earn money and spend it wisely, who know how to resist fraud, who think about the future, and who aren't afraid to make their dreams come true," noted Mikhail Mamuta, Head of the Bank of Russia's Service for the Protection of Financial Services Consumers.

The Olympiad will open with an online lesson, "Mission Computer: How to Save for Your Dream," led by a representative of the Bank of Russia. During the lesson, participants will learn how to independently save for an expensive purchase, protect themselves from deepfakes, and choose the right savings products to quickly reach their financial goals.

The lesson will be broadcast on March 3 at 10:00 AM Moscow time. You can watch it onevent page on the Uchi.ru website. The broadcast will also be available on the Bank of Russia's official community page.VKontakte, where participants will be able to ask questions to the speaker.

The Olympiad is organized by the Bank of Russia, the National Priorities ANO, the Russian Ministry of Finance, the Russian Ministry of Economic Development, and the Uchi.ru educational platform as part of the national project "Efficient and Competitive Economy."

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.

Nationalization is in full swing – the volume of assets seized in favor of the state in Russia has tripled.

Translation. Region: Russian Federation –

Source: Mainfin Bank –

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Image: mainfin.ru

Why does the state nationalize private assets?

Analysts note a trend toward the transfer of ownership from private owners to the state. Business nationalization is occurring for the following reasons:

When company owners commit corruption-related crimes; when businesses violate legal requirements regarding the participation of foreign companies in strategic business segments; when asset owners are accused of extremism or terrorism; when business owners commit other crimes, such as illegal capital withdrawal and bankruptcy.

"Previously concluded property privatization transactions are not subject to revision—the nationalization of assets is being carried out on the basis of criminal acts committed at the present time," the head of the Supreme Court noted.

Property nationalization transactions in 2025 took up more than 27% of the market

What were the largest business nationalization deals in 2025?

Key Deals in the M Market

A group of Far Eastern fishing companies worth over $4 billion, owned by the "crab king" Kan; the Yuzhuralzoloto group of companies, whose assets were seized by the state; the IT company Lesta, whose owners were accused of extremism; and Domodedovo Airport, the seizure of which from its foreign owner was linked to the need to ensure the defense and security of the state.

In addition, in the M market

14:45 02/17/2026

Source:

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.