Category: Russian Economy

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Financial news: Dates for the Bank of Russia Financial Congress in 2026 have been set.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Financial Congress of the Bank of Russia The forum will take place from July 1–3, 2026, in St. Petersburg. The business program will traditionally include two plenary sessions on the first day of the forum and panel discussions on the following two days.

Direct dialogue with regulators on current economic issues, monetary policy, financial market development, and financial technology makes the congress a unique platform for exchanging opinions and formulating positions on the key challenges facing the financial sector.

Each year, the event attracts over a thousand representatives from the financial market, business, the expert community, government agencies, the media, and the Bank of Russia.

The first day of the forum will take place at the Oktyabrsky Concert Hall, and subsequent days will take place at the New Stage of the Alexandrinsky Theatre.

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.

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Financial news: 11/25/2025, 10:07 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for security RU000A0JX199 (GTLK 1P-02) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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November 25, 2025

10:07

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on 25.11.2025, 10-07 (Moscow time), the values of the upper limit of the price corridor (up to 120.17) and the range of market risk assessment (up to 755.75 rubles, equivalent to a rate of 37.5%) for security RU000A0JX199 (GTLK 1P-02) 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.

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Tourists will have it easier – Sberbank has launched QR code payments in Vietnam.

Translation. Region: Russian Federation –

Source: Mainfin Bank –

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How to pay for a purchase with a QR code in Vietnam via Sberbank?

Customers pay for purchases in Vietnam Sberbank They can use a QR code—the service isn't available at all retail outlets, but the bank's geographic reach is constantly expanding. The transaction is carried out as follows:

The client opens the Sber app and scans the QR code on the terminal. The bank automatically converts rubles to Vietnamese dong. The debit amount is displayed on the smartphone screen. The client confirms the payment.

This option will be useful for Russian tourists, as Vietnam has become a favorite among domestic travelers this year – from January to September, over 430,000 citizens visited the country's resorts, which is almost the second highest number compared to the same period last year.

In which other countries do QR code payments work for Russians?

VTB Bank previously introduced QR code payment in Vietnam. The transaction process is similar, conversion is automatic, there are no transaction fees, and the per-payment limit is up to 350,000 rubles. VTB also provides this service to Russian citizens in other countries, including Kyrgyzstan, Tajikistan, and Turkey, and its presence is constantly expanding.

"The problem with paying abroad is gradually being resolved – friendly countries and destinations popular with Russian tourists are being prioritized," the expert notes.

Russian banks are also actively implementing QR code payments via the Fast Payment System (FPS) in other countries, including the UAE and the Maldives. However, the service is available in a limited number of stores, primarily in popular tourist areas. The launch requires the consent of not only the retailers but also local banks, which are reluctant to sign contracts with Russians due to the risk of secondary sanctions from the US and Europe.

10:00 11/25/2025

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.

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Financial news: On November 25, 2025, 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 November 25, 2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 8,987,000,000. Placement term, days – 28. Date of depositing funds is November 25, 2025. Date of return of funds is December 23, 2025. Minimum placement interest rate, % per annum is 16.5. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 8,987,000,000. The 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 10:30 to 10:40. Competitive bids from 10:40 to 10:45. The cutoff percentage may be set or the auction may be declared void by 10:55. Additional terms and conditions.

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.

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Financial news: On November 25, 2025, JSC KAVKAZ.RF will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Parameters;

The deposit auction date is November 25, 2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 70,000,000. Placement term, days – 54. Date of depositing funds is November 26, 2025. Date of return of funds is January 19, 2026. Minimum placement interest rate, % per annum is 15.8. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 70,000,000. The 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. The cutoff percentage may be set or the auction may be declared void by 10:25. Additional terms and conditions.

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.

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Financial news: On 2025-11-25, the Federal Treasury will hold a deposit auction of 22,025,387.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters;

Application selection date 25.11.2025. Unique application selection identifier 22 025 387. Deposit currency rubles. Fund type EKS. Maximum amount of funds placed on bank deposits, in monetary units 150,000,000,000. Placement term, in days 182. Date of depositing funds 25.11.2025. Date of return of funds 26.05.2026. Interest rate for placing funds (fixed or floating). Single treasury account. Minimum fixed interest rate for placing funds, % per annum – Basic floating interest rate for placing funds FLOATING_RUONmDS. Minimum spread, % per annum 0. Terms of concluding a bank deposit agreement (term, replenishable or special) Special. The minimum amount of funds placed per application, in monetary units, is 1,000,000,000. The maximum number of applications from one credit institution is 2. Application selection form (Open with random completion, Closed, Open with extension)Open with extension. Application selection schedule (Moscow time). Application selection location. Moscow Exchange PJSC. Applications will be accepted from 09:30 to 09:50. Preliminary applications from 09:30 to 09:35.

Applications in competition mode from 09:45 to 09:50. Random end period of trading (sec.): 0 Bid step: 0.1 Time step (sec.): 60. End time of the extension period: 10:20:00. Formation of a consolidated register of applications from 10:20 to 10:50. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:20 to 11:00. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:00 to 12:20. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:00 to 12:20. The time of deposit transfer in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n

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.

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Financial news: 11/24/2025, 5:08 PM (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the RU000A105DN0 security (FSC RS BO6) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

November 24, 2025

17:08

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on 24.11.2025, 17-08 (Moscow time), the values of the upper limit of the price corridor (up to 99.69) and the range of market risk assessment (up to 1065.51 rubles, equivalent to a rate of 17.5%) of the security RU000A105DN0 (FSC RS BO6) 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.

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Financial news: Thousands of payments per second: Bank of Russia statistics.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The number of cashless payments for goods and services increased by 13% in the third quarter of 2025 compared to the same period last year. People are choosing different payment methods, and banks are expanding their fleet of payment terminals across the country.

The number of daily non-cash payments for goods and services from July to September totaled 243 million, representing over 2,800 transactions every second. However, the share of card payments is growing at a slower rate than other non-cash payment methods. For example, people paid for 14% of purchases using biometrics, QR codes, and other non-card payment methods, an increase of 4.5 percentage points compared to the previous year.

Banks, in turn, expanded their network of terminals. Their number at retailers across the country increased by more than 500,000 as of October 1, 2025, compared to the same date last year.

Read more about the dynamics of data in the payments market inmaterials of the Bank of Russia.

Preview photo: Gorodenkoff / 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.

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Financial news: Uniform rules for periodic reporting of issuers: initiatives of the Bank of Russia.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia intends to enhance the appeal of public issuers' annual reports by establishing uniform rules for their preparation and maximizing their content with useful information for investors. The regulator's initiatives are reflected in in the report following the public discussion of the report "On the optimization of forms of disclosure of periodic information".

First and foremost, it is planned to establish requirements for the structure and content of a company's main document. In it, issuers will discuss not only their current activities but also their future plans. The document will include a chapter on corporate governance, as well as how the company complies with the principles and recommendations of the Corporate Governance Code. Issuers whose securities are included in level one or two quotation lists will disclose information on their commitment to sustainable development goals.

Static information from companies' 6- and 12-month financial statements will migrate to the annual report. For example, general information about operations, the composition of management bodies, information about controlled organizations, shareholders, and more. Issuers will be able to report operational changes through the disclosure of material facts. This will reduce the volume of periodic publications. Furthermore, the timeframe for issuing financial statements will be shortened.

In the near future, the Bank of Russia intends to begin work on digitalizing corporate reporting, which will subsequently reduce the costs of its preparation and disclosure.

Preview photo: Pasuwan / 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.