Russian Finance – Page 11 – MIL Translation Engine 1

August 4, 2025

The office of JSC Solid Bank in Khabarovsk temporarily changes its operating hours from 01.08.2025 to 08.08.2025

Translation. Region: Russian Federal

Source: Solid Bank – Solid Bank –

An important disclaimer is at the bottom of this article.

Dear customers!

We inform you that the office of JSC Solid Bank in Khabarovsk is temporarily changing its operating hours from 01.08.2025 to 08.08.2025.

During the specified period, the office operates as follows:

Mon-Fri: 09:30 – 18:30

Office break: 13:00 – 14:00

Sat-Sun: closed

Please consider this information when planning a visit to the bank office.

Share the news on social networks

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.

July 31, 2025

Financial News: Official Analytical Information Publication Calendar for August 2025

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

July 31, 2025

Financial news: Decision of the Board of Directors on Amendments to the Type C Account Regime

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

On July 31, 2025, the Board of Directors of the Bank of Russia decided to introduce Decision of the Board of Directors of the Bank of Russia dated November 21, 2022 "On the establishment of the type "C" account regime for settlements and the implementation (execution) of transactions (operations) to which the procedure for fulfilling obligations provided for by Decree of the President of the Russian Federation dated March 5, 2022 No. 95 "On the temporary procedure for fulfilling obligations to certain foreign creditors" applies change, adding the following words to paragraph twelve of subparagraph 1.1 of paragraph 1:

"; transfers by order of a non-resident for whom a type "C" bank account has been opened in favor of a resident for the purpose of fulfilling the non-resident's obligation to transfer funds, provided that transactions (operations) related to such transfers are concluded between the said resident and the non-resident from whose type "C" bank account funds are debited, which entail the transfer of ownership of securities to the resident in accordance with permits issued on the basis of decrees of the President of the Russian Federation, if the terms of such transactions (operations) provide for the alienation in favor of the non-resident of property (including property rights) recorded abroad, the disposal of which is restricted due to unfriendly actions of foreign states; transfers at the order of a non-resident for whom a type “C” bank account has been opened, in the amount of dividends previously credited to the type “C” bank account due to this non-resident, in favor of the resident for the purpose of fulfilling the non-resident’s obligation to transfer funds, subject to obtaining permission issued on the basis of decrees of the President of the Russian Federation to pay dividends to the non-resident.”

The decision of the Board of Directors of the Bank of Russia to amend the decision of the Board of Directors of the Bank of Russia dated November 21, 2022 shall apply from the date of its publication on the official website of the Bank of Russia on the information and telecommunications network "Internet".

July 31, 2025

Financial News: Recommendations for financial market participants on the conceptual design of the "Metadata Management" process

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The development of modern technologies, the increase in the amount of data, the emergence of new financial products and the digitalization of traditional ones require financial market participants to create and improve data management systems.

The main tasks of data management systems development:

improving the quality and reliability of data, increasing their efficiency, transparency of data preparation processes for regulatory reporting, increasing flexibility and speed of response to changes in regulation, increasing the efficiency of core business processes.

The Bank of Russia believes that data management systems of individual financial institutions are important for maintaining the quality of data in the country's financial system as a whole. Proper data management is also necessary for the timely and complete provision of regulatory reporting, on the basis of which supervisory decisions are made, among other things.

The conditions for the development of data management systems are created by the Bank of Russia taking into account global experience, the current level of development of financial organizations, current restrictions on technologies and general challenges facing the domestic financial market.

In 2024, the regulator created a working group on the development of data management systems for financial market participants, which includes representatives of the Bank of Russia's structural divisions and the director of data management for financial institutions. The head of the working group is Deputy Chairman of the Bank of Russia Valery Kazarin. The working group includes subgroups to develop a methodology for assessing the maturity of data management systems for financial market participants and to develop methodological recommendations for the development of data management systems for financial market participants.

The working group has developed recommendations for the development of data management systems for financial market participants and a methodology for self-assessing the maturity of data management systems for financial market participants.

Market participants are encouraged to regularly conduct self-assessments of the maturity level of data management systems, which will improve the quality of data and analytics, optimize information management processes, and more quickly adapt to regulatory changes. Based on the results of the self-assessment, a market participant can take advantage of recommendations of the working group to improve the efficiency of their processes and technological solutions.

Responsible structural unit: Department of Data, Projects and Processes

July 31, 2025

Financial News: Recommendations for financial market participants on the conceptual design of the “Reference and Master Data” process

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The main tasks of data management systems development:

Responsible structural unit: Department of Data, Projects and Processes

July 30, 2025

Financial News: Results of Monitoring in the National Payment System for 2024

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

(Part 5 of Article 31 of the Law on NPS)

The activities of the Bank of Russia to improve the activities of NPS entities and the services they provide, as well as to develop payment systems, payment infrastructure, and the digital ruble platform (hereinafter referred to as monitoring objects) based on the recommendations of the regulator.

Monitoring of NPS entities is carried out by the Bank of Russia in accordance withLaw on NPSAndBy Bank of Russia Instruction No. 6950-U “On the procedure for implementing monitoring in the national payment system”.

Monitoring of the national payment system is carried out on an ongoing basis and includes:

Monitoring activities of NPS entities and (or) the functioning of observation objects
Rating activities of NPS entities and (or) the functioning of observation objects
Initiating Change— preparation based on the results of the assessment of proposals for changing the activities of NPS entities and (or) the functioning of observation objects

The Bank of Russia regularly discloses information on the results of monitoring in the NPS in reviews.

Results of observation in the national payment system

More Collapse –

July 29, 2025

Budget planning has become easier – VTB has expanded the analytics of operations in the online bank

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

What innovations are available to VTB Online users?

Internet services capabilities VTB expanded – the bank has added more functions to the clients’ personal account for managing personal finances. Thus, in the transactions department, users have access to:

tracking of any receipts and expenses, including transfers and cash withdrawals; control of balance dynamics; analysis of expenses by individual brands; the ability to group transactions into your own categories.

“The key innovation is the creation of personal categories that allow you to group expenses and immediately see what amounts were spent, including by transferring funds,” VTB Bank noted.

To create your own spending group, you need to select any operation and specify the category name, as well as set the color for a visual display of expenses. The function will be useful for people who want to competently analyze and effectively plan their budget.

How do customers of other banks track transactions?

The advanced functionality for tracking receipts and expenses is a unique solution in the industry. Competitors offer budget analytics using standard tools:

Sber allows you to track transactions by category, it is possible to move transactions to other groups without the ability to create your own subgroups;
T-bank also allows you to change the category of expenses, but only within the framework of a ready-made set;
Alfa-Bank allows you to change the expense category and add a transaction if the payment was made in cash.

VTB Bank offers its clients a wide range of tools for filtering and grouping transactions. Another useful feature is the availability of tips that will help increase cashback depending on the user's payment behavior. In the future, VTB plans to launch a separate large service that simplifies personal budget management – the content and details have not yet been disclosed.

12:00 07/29/2025

Source:

July 29, 2025

Financial news: Order on termination of activities of temporary administration, Bank PTB (LLC)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Collection of cash, bills, payment and settlement documents and cash services for individuals and legal entities

Purchase and sale of foreign currency in cash and non-cash forms

Carrying out money transfers without opening bank accounts, including electronic money (except for postal transfers)

Carrying out transfers of funds on behalf of individuals and legal entities, including correspondent banks, through their bank accounts

Opening and maintaining bank accounts for individuals and legal entities

Attracting funds from individuals and legal entities into deposits (on demand and for a specified period)

Placement of funds attracted into deposits (on demand and for a certain period) of individuals and legal entities on their own behalf and at their own expense

July 25, 2025

Financial news: Individual performance indicators of credit institutions (by groups of credit institutions, ranked by asset size)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Information on funds attracted by credit institutions

Volume of deposits from individuals attracted by credit institutions

More Collapse –

The volume of funds attracted by credit institutions from legal entities

More Collapse –

Volume of savings (deposit) certificates, bonds and bills issued by credit institutions

More Collapse –

Data on the amounts of bills of exchange discounted by credit institutions

More Collapse –

Data on the amounts of funds of legal entities and individuals attracted by issuing bills of exchange by credit institutions

More Collapse –

Data on the volume of attracted bank deposits

More Collapse –

Information on the amount of assets and equity (capital) of credit institutions

More Collapse –

July 25, 2025

Financial news: Information on funds attracted and placed by credit institutions

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Information on funds attracted by credit institutions

Volume of deposits from individuals attracted by credit institutions

More Collapse –

The volume of funds attracted by credit institutions from legal entities

More Collapse –

Volume of savings (deposit) certificates, bonds and bills issued by credit institutions

More Collapse –

Data on the amounts of bills of exchange discounted by credit institutions

More Collapse –

Data on the amounts of funds of legal entities and individuals attracted by issuing bills of exchange by credit institutions

More Collapse –

Data on the volume of attracted bank deposits

More Collapse –

Information on the amount of assets and equity (capital) of credit institutions

More Collapse –