Financial news: Finopolis 2025: program architecture published

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Business program The Finopolis Forum of Innovative Financial Technologies includes five plenary discussions and about 30 thematic sessions.

The forum will open with a plenary discussion "National Digital Infrastructure of the Financial Market (DIFI): in Search of Balance" with the participation of the Chairman of the Bank of Russia Elvira Nabiullina. The leitmotif of the discussion is how to develop digital technologies and at the same time ensure safety and comfort for citizens when using innovative services.

Thematic sessions cover the widest range of topical issues: biometrics, artificial intelligence, digital financial assets, cryptocurrencies, experimental legal regimes and many others.

Traditionally, the forum will host the final of the Finopolis.365 Youth Program. The authors of the best projects based on the results of seven case championships held in the regions of Russia will present their developments to the jury.

The forum will conclude with a session devoted to digital financial fiction. Visionaries will try to predict how the financial system will develop, what products and services people will use in the future, and what financial market participants will look like in decades.

Finopolis 2025 will be held on October 8–10 at the federal territory of Sirius. The organizer of the forum is the Bank of Russia.

Preview photo: Elizaveta Ageenko / Bold Friday Studio

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Financial news: 08/29/2025 Changes in the parameters of the third deposit auction of the Federal Treasury

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters
Date of the selection of applications 08/29/2025
Unique identifier of the application selection 22025252
Deposit currency rubles
Type of funds funds of the single treasury account
Maximum amount of funds placed in bank deposits, million monetary units 310,000
Placement period, in days 4
Date of deposit 08/29/2025
Refund date 02.09.2025
Interest rate for placement of funds (fixed or floating) Fixed
Minimum fixed interest rate for placement of funds, % per annum 17,19
Basic floating interest rate for placement of funds
Minimum spread, % per annum
Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
Minimum amount of funds placed for one application, million monetary units 1,000
Maximum number of applications from one credit institution, pcs. 5
Application selection form (open or closed) Open
Application selection schedule (Moscow time)
Venue for the selection of applications PAO Moscow Exchange
Applications accepted: from 18:30 to 18:40
*Preliminary applications: from 18:30 to 18:35
*Competition mode applications: from 18:35 to 18:40**
**Time interval for the end of accepting applications (seconds): 120
Formation of a consolidated register of applications: from 18:40 to 18:50
Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 18:40 to 18:50
Submission to credit institutions of an offer to conclude a bank deposit agreement: from 18:50 to 19:30
Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 18:50 to 19:30
Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

* for the open form of selection of applications from credit institutions for the conclusion of bank deposit agreements.

** the end time for accepting applications from credit institutions to conclude bank deposit agreements is set within the time interval and is determined by the exchange’s information software and hardware arbitrarily, within the established time interval.

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Financial news: The volume of the NPF pension portfolio has reached almost 9 trillion rubles.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The maximum growth (by 7.3%) in the second quarter of 2025 was shown by pension reserves of non-state pension funds (NPF). They increased due to an increase in income from the placement of these funds, as well as the inflow of money into the non-state pension provision program and the long-term savings program. The volume of pension reserves amounted to 2.5 trillion rubles.

Pension savings of the funds increased by 3.2%, to 3.5 trillion rubles, due to the growth of investment income. The average weighted yield (before paying remuneration to the fund) of pension savings increased to 15.5% per annum, pension reserves – to 19% per annum.

In the second quarter, NPFs mainly acquired OFZ with a constant coupon income, and they also expanded their investments in shares. These financial instruments were popular in anticipation of further price growth in the stock and bond market against the backdrop of a reduction in the key rate.

Read more in"Review of key indicators of non-state pension funds for the second quarter of 2025".

Preview photo: Chayantorn Tongmorn / Shutterstock / Fotodom

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Financial news: Measures for financial recovery of INVESTTORGBANK JSC (08/29/2025)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The Bank of Russia has approved amendments to the Participation Plan of the State Corporation “Deposit Insurance Agency” (hereinafter referred to as the Agency) in the implementation of measures to prevent the bankruptcy of INVESTTORGBANK JSC (hereinafter referred to as the Bank).

In accordance with the specified changes, the Agency will independently continue to implement measures to prevent the bankruptcy of the Bank. TKB BANK PJSC will cease participation in the financial recovery of the Bank as an investor after the relevant decisions are made by the management bodies of TKB BANK PJSC.

The bank will continue to fulfill all its obligations to its clients.

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Financial news: 01.09.2025 JSC “KAVKAZ.RF” will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Parameters:

Date of the deposit auction 09/01/2025. Placement currency RUB. Maximum amount of funds placed (in the placement currency) 595,356,000. Placement term, days 111. Date of depositing funds 09/02/2025. Date of return of funds 12/22/2025. Minimum placement interest rate, % per annum 16. Terms of the conclusion, urgent or special (Urgent). Minimum amount of funds placed for one application (in the placement currency) 595,356,000. Maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:00 to 10:10. Competitive bids from 10:10 to 10:15. Setting the cutoff percentage or declaring the auction invalid before 10:25. Additional terms.

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Certificates were presented to graduates of the Preparatory Department for Foreigners at the State University of Management

Translation. Region: Russian Federal

Source: Official website of the State –

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On August 28, 2025, the certificates were presented to graduates of the Preparatory Department for Foreign Citizens in the hall of the Scientific Library of the State University of Management. Students from different countries: Mali, Pakistan, China, Vietnam, Chad, Syria, Great Britain and other countries successfully completed training in additional general education programs "Preparation for admission to a university for foreign citizens" (economic profile) and "Quick Start – a program of preparation for admission to a university for foreign citizens" (humanitarian profile).

The event was opened by the adviser to the rector of the State University of Management Sergey Karseka. In his speech, he congratulated those present on receiving their graduation documents and noted that during their studies, the students became part of the large international family of the State University of Management, mastered one of the most difficult languages in the world – Russian, and got acquainted with the rich culture of our large country. The adviser also thanked the head of the Department of Russian Language and General Disciplines Larisa Talalova and the teachers present for their high-quality preparation and individual approach to each student.

Professor Larisa Talalova also warmly congratulated the graduates and expressed gratitude to her colleagues for their incredible dedication and high professionalism.

After the presentation of the certificates, on behalf of the graduates, Adam Nasrullah from Afghanistan, Adam Moussa Hassan from Chad expressed words of gratitude to the university and its teachers, and Khade Bane from Mali, in addition to words of gratitude, also read the poem by A.S. Pushkin “I loved you”.

During the year, many foreign students, as well as undergraduates, graduate students and postgraduates not only studied, but also actively participated in the social, scientific and sports life of the SUM. Taking advantage of the opportunity, the adviser to the rector of the SUM Sergey Karseka presented letters of gratitude to the activists for their active participation in the life of the international community of the university and the promotion of the SUM brand in the inter-university international space and wished them further sports and creative victories, success in their studies.

The ceremonial meeting, as per tradition, ended with a group photo session.

Subscribe to the TG channel “Our GUU” Date of publication: 08/29/2025

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Eurasian Network University is preparing for the academic year: a meeting of the ENU working group was held at the SUM

Translation. Region: Russian Federal

Source: Official website of the State –

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On August 28, 2025, a meeting of the working group of the Eurasian Network University (ESU) was held at the State University of Management. The event, which brought together participants in person and online, was dedicated to strategic planning of the consortium's activities for the upcoming academic year.

Opening the meeting, the head of the ESU Secretariat, vice-rector of the State University of Management Dmitry Bryukhanov congratulated his colleagues on a significant achievement – winning the prestigious competition "Symbols of Eurasian Integration". This award became recognition of the successful work of the consortium on the development of human capital in the Eurasian space.

The central topic of discussion was preparation for key events in the life of the network university. Participants unanimously supported the initiative to hold the III ESU Forum in the Kyrgyz Republic at Osh State University. This decision continues the tradition of rotating venues, strengthening the international status of the project. In this regard, it was decided to hold the next meeting of the ESU Coordination Council in October this year, also in Osh, which will effectively combine two important events.

The working group considered the issue of new universities joining the consortium, which demonstrates the growing authority of ESU. It was decided to consider applications from candidates at the upcoming ESU Coordination Council in October 2025.

The working group members discussed the issue of holding the ESU Olympiad in 2025. The report was given by Konstantin Kemaev, Head of the International Cooperation Department of the Nizhny Novgorod State University named after N.I. Lobachevsky, the operator of the ESU Olympiad.

Head of the ESU Secretariat Dmitry Bryukhanov outlined the dates for the formation of a joint work program for the 2025-2026 academic year for participating universities to submit proposals for events.

The meeting was held in a constructive manner and allowed us to outline clear contours for further joint work, strengthening the partnership between universities of the Eurasian Economic Union.

Subscribe to the TG channel “Our GUU” Date of publication: 08/29/2025

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Financial news: 08/29/2025, 16:09 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JWTV5 (GTLK 1P-01) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

08/29/2025

16:09

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 08/29/2025, 16-09 (Moscow time), the values of the upper limit of the price corridor (up to 119.05) and the range of market risk assessment (up to 406.95 rubles, equivalent to a rate of 37.5%) of the security RU000A0JWTV5 (GTLK 1P-01) were changed.

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Financial News: Collective Investments Are Gaining Momentum Again.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The growth in the value of assets of management companies' clients in the second quarter of 2025 accelerated to 7.1%.

This is mainly due to the inflow of funds into mutual investment funds (MIF) — 640.3 billion rubles. Closed-end MIFs accounted for 63%, open-end funds — 22%, and exchange-traded funds — 13%. The management company manages 29.7 trillion rubles.

Individual trust management strategies have become popular. Over the quarter, the number of contracts concluded with retail clients increased by 25%, to 122 thousand. They invested 70 billion rubles in trust management — this is the maximum quarterly net inflow figure over the past 3 years. The asset portfolio of retail investors reached 2 trillion rubles.

Read more in"Review of key indicators of management companies for the second quarter of 2025".

Preview photo: Champ008 / Shutterstock / Fotodom

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Financial news: 08/29/2025, 14-52 (Moscow time) the values of the lower boundary of the price corridor and the range of market risk assessment for the security XS0767473852 (RUS-42) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

08/29/2025

14:52

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on August 29, 2025, 14:52 (Moscow time), the values of the lower limit of the price corridor (up to 64.09) and the range of market risk assessment (up to 6,319,102.67 rubles, equivalent to a rate of 62.5%) of the security XS0767473852 (RUS-42) were changed.

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.