Category: Russian Finance

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Solid Bank's operating hours in Kamchatka from September 30 to October 5

Translation. Region: Russian Federal

Source: Solid Bank – Solid Bank –

An important disclaimer is at the bottom of this article.

Dear customers!

It was previously reported that the Government of Kamchatka Kraiannounced a temporary internet shutdown in the region from September 25 to 29.The restrictions are being introduced due to repair work being carried out on the coastal infrastructure of the Sakhalin-Kamchatka underwater fiber-optic communication line in the Ust-Bolsheretsky District.

These works have been postponed due to unfavorable conditions. A new period of temporary internet outage has been announced in the region: from September 30 to October 5, 2025.

We remind you that Solid Bank has established a backup connection during the internet outage. However, some bank services may be subject to limitations due to the anticipated increased load on the connection. Therefore, please schedule most financial transactions for the period after the repairs are completed.

We recommend having cash on hand during this period, as there may be problems with offline card payments at retail outlets in the Kamchatka Territory.

If you have any problems, you can contact the bank’s hotline: 8 800 775 56 06 (free call within Russia).

Please note that all client funds are safe and our offices are stocked with sufficient cash.

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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On the introduction of a new version of the Procedure of JSC Solid Bank for recognizing a person as a qualified investor

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, as of October 13, a new procedure for recognizing a person as a qualified investor will be introduced by Solid Bank JSC.

The main changes affected the following aspects: – new requirements have been added for work experience, education, income, and property size; – Form 8a of the notification of recognition of a person as a qualified investor has been added for clients of the Trustee; – Form 10 has been added with a full list of information and documents required to recognize a person as a qualified investor.

The full text of the document is available at the link: HTTPS: // SOOLIDBANK.ru/investment-Service/

For any questions regarding this notice, please call: 7 (495) 644 40 47.

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: Results of the UFR survey on the use of the XBRL format: digest.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Since 2018, the XBRL reporting format has become mandatory for insurers, professional securities market participants, trade organizers and clearing organizations, non-state pension funds, joint-stock investment funds, investment fund management companies, mutual investment funds and non-state pension funds, since 01.04.2021 – for insurance brokers and credit rating agencies, since 01.10.2021 – for specialized depositories, since 01.01.2022 – for credit history bureaus, since 01.04.2023 – for investment platform operators, financial platform operators, operators of information systems in which digital financial assets are issued, as well as digital financial asset exchange operators, since 01.04.2024 – for self-regulatory organizations in the financial market.

As of June 30, 2023, the state corporation Deposit Insurance Agency, which acts as the bankruptcy trustee, switched to submitting reports of liquidated insurance organizations to the Bank of Russia in XBRL format.

In the process of reporting in XBRL format, a supervised entity should use the following main sources of information:

the version corresponding to the reporting period final XBRL taxonomy of the Bank of Russia, which is a complete technological set of supervisory requirements for an organization and includes the entire volume of indicators of accounting (financial), supervisory and statistical reporting;
normative act, which is a direct projection of the complete structure of the taxonomy and includes information on the procedures and deadlines for compiling and submitting reports to the Bank of Russia;
Rules for generating XBRL reports and submitting them to the Bank of Russia, explanations, methodological recommendations for its completion, which, among other things, provide a list of duplicate indicators in different reporting forms with the numbers of such forms, and also contain templates for visualizing indicators that have a tabular reporting format familiar to NFOs;
software, implementing the conversion of reporting data into XBRL format: the Converter software and the XBRL Questionnaire Editor software.

Responsible structural unit: Department of Data, Projects and Processes.

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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Solid Bank office hours in Kamchatka from September 25 to 29

Translation. Region: Russian Federal

Source: Solid Bank – Solid Bank –

An important disclaimer is at the bottom of this article.

On September 17, the press service of the Kamchatka Krai governmentannounced a temporary internet shutdown in the region from September 25 to 29.The restrictions will be introduced due to repair work being carried out on the coastal infrastructure of the Sakhalin-Kamchatka underwater fiber-optic communication line in the Ust-Bolsheretsky District.

Solid Bank has established a backup communications channel during the internet outage. However, some bank services may be subject to limitations due to the anticipated increased load on the communications channels. Therefore, please schedule most financial transactions for the period after the repairs are completed.

We recommend having cash on hand during this period, as there may be problems with offline card payments at retail outlets in the Kamchatka Territory.

If you have any problems, you can always contact the bank's hotline at: 88007755606

Please note that all client funds are safe and our offices are stocked with sufficient cash.

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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A differentiated approach: the preferential mortgage rate will be linked to the number of children

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

How does the Family Mortgage program work now?

Mortgage program The program for state support for families with children has been in operation in the Russian Federation for over seven years, and the terms have been adjusted several times. Thus, in 2025, the following people can apply for a loan:

at a preferential rate of 6% (standard mortgages are issued at 17% per annum and higher); if the family has at least one child under the age of six (or a child with disabilities under the age of 18); the down payment must be at least 20%; the loan amount is 12 million rubles in Moscow and the Moscow region, St. Petersburg and the Moscow region, 6 million rubles in other regions; housing can only be purchased in new buildings or on the secondary market in regions where there are no apartment buildings under construction.

"The preferential program has led to a doubling of real estate prices over five years, while construction volumes have only increased by 10% during this period," the head of the Central Bank of the Russian Federation stated regarding the downsides of state support.

Family mortgage The program is valid until 2030, but may be extended in the future, as it has been on several occasions. This benefit is aimed at stimulating the birth rate and providing opportunities for families in need to improve their housing conditions.

What changes to preferential mortgages are the authorities proposing?

The State Duma has instructed the Ministry of Finance and the Ministry of Construction to jointly develop changes to the terms of the Family Mortgage program. It is expected that the authorities will implement the following lending terms under the state-supported program:

The interest rate will be differentiated and linked to the number of children in the family; upon the birth of a new child, the rate will be automatically reduced; the minimum area of apartments available for purchase will be limited to 35 square meters; the possibility of linking rates to the region of residence and the size of the federal subject is also being considered.

The possibility of banning preferential mortgages outside the region of registration is also being discussed. This debate stems from the fact that 40% of loans were taken out by borrowers in Moscow and St. Petersburg, as housing construction is not taking place in smaller towns.

09:00 09/23/2025

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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From October 1, 2025, new conditions for tariffs and service packages for settlement and cash services for legal entities and individual entrepreneurs will be introduced.

Translation. Region: Russian Federal

Source: Solid Bank – Solid Bank –

An important disclaimer is at the bottom of this article.

Dear customers!

Effective October 1, 2025, Solid Bank JSC will introduce a new version of its terms and conditions for RKO tariffs and service packages for legal entities and individual entrepreneurs across all regions where it operates.

Main changes – the date for charging the account maintenance fee / Service Package Fee has been changed.

– until October 1, 2025 – the commission is written off on the last working day of the month

– from October 1, 2025 – the commission will be written off in advance on the first business day of each month.

Please note,

– the commission for September will be written off on September 30, 2025

– the commission for October will be written off on October 1, 2025

For more information on other changes, see the Tariff Collections in the section “Tariffs and documents» on the Bank's website.

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: Fraudsters "Retrain" as Marketplace Couriers

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Fraudsters call people posing as employees of popular marketplaces or couriers. They announce the delivery of a pre-paid item and ask for confirmation of receipt. If the recipient tries to explain that they didn't buy anything, the scammers suggest that the order was likely placed as a gift by someone they know and that the recipient is correct. To make the message more convincing, the fake online platform representatives sometimes provide the recipient's personal information: last name, first name, and patronymic, as well as the delivery address, either their registered address, actual residence, or place of work.

Then, supposedly to confirm the delivery date and location of the order, the scammers ask for a code from an SMS message or push notification. The message, which arrives during the conversation, contains a one-time password from the bank. The scammers use this password to log into online banking and freely steal money from the account.

If you receive such a phone call, end the conversation. Never share codes from SMS messages or push notifications with anyone, no matter who the caller claims to be or what pretext they use to try to find out the contents of the incoming message. Genuine marketplace employees never request passport information, codes from SMS messages, or bank card details.

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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From September 24, 2025, Solid Bank JSC will increase interest rates on deposits for legal entities in rubles.

Translation. Region: Russian Federal

Source: Solid Bank – Solid Bank –

An important disclaimer is at the bottom of this article.

Dear customers!

From September 24, 2025, Solid Bank JSC introduces a new version of the Terms and Conditions for deposits in Russian rubles for legal entities.

Interest rates on deposits have been increased. The maximum rate will be 15.1%.

Choose a convenient deposit term from 1 day.

Minimum amount from 100,000 rubles.

More informationHere(in the List of Documents section at the bottom of the page, “Collection of conditions, interest rates, and deposit passports for small and medium-sized business clients of Solid Bank JSC in rubles – from September 24, 2025”)

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: Bank of Russia XBRL Taxonomy Version 7.1.0.1 (for operators, insurance companies, and the Central Bank of Russia)

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The taxonomy for presenting information on requests (version 4.3.0.2) is intended for presenting information to the Bank of Russia, submitted at the request of the Bank of Russia, and is to be used when sending the following information to the Bank of Russia:

Submission of information from credit history bureaus to the Bank of Russia starting from the reporting date of 2022-06-30 (in accordance withThe procedure for preparing and submitting information from credit history bureaus to the Bank of Russia upon request). Submission of information by insurers to the Bank of Russia starting from the reporting date 2022-07-01 (for interperiod reporting dates, i.e. reporting dates other than 31.01, 28.02, 31.03, 30.04, 31.05, 30.06, 31.07, 31.08, 30.09, 31.10, 30.11, 31.12).

Please note that for the purposes of submitting supervisory reports and accounting (financial) reports of credit history bureaus to the Bank of Russia (in accordance with Bank of Russia Instruction No. 5851-U dated 09.07.2021 "On the forms, procedure and deadlines for compiling and submitting reports of credit history bureaus to the Bank of Russia"), the Bank of Russia Final XBRL Taxonomy (version 4.3), published on the official website of the Bank of Russia, should continue to be used.

For the purposes of submitting supervisory and statistical reports of insurers to the Bank of Russia (in accordance with Bank of Russia Instruction No. 5724-U dated 03.02.2021 "On the forms, terms and procedure for compiling and submitting reports of insurers to the Bank of Russia"), the Bank of Russia's Final XBRL Taxonomy (version 4.2), published on the Bank of Russia's official website, should continue to be used.

For the purposes of submitting financial statements of insurers to the Bank of Russia, the Bank of Russia's Final XBRL Taxonomy (version 4.3), published on the Bank of Russia's official website, should continue to be used.

Accompanying documents for the module

More Collapse –

Methodological recommendations

More Collapse –

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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Despite Western pressure, China's debt market will be opened to Russian companies.

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

Why did China decide to bring Russian players back into the debt market?

The initiative to enter the Chinese debt market came from Russia, with Beijing supporting the strengthening of economic ties. Moreover, the leaders of the two countries noted that Russian-Chinese relations are currently at a high level, serving as a model of international cooperation.

Discussions on future deals took place at the end of August, with representatives of China's regulator and Russian top management participating. Russia's entry into the bond market will allow domestic businesses to regain access to the global financial arena, while the Chinese side will have the opportunity to invest in the real sector of the economy.

What is known about Russian businesses' plans to enter the Chinese bond market?

The Russian and Chinese sides confirm the agreement reached, but have not yet disclosed the details of the agreement, about which little is known:

China plans to open its domestic bond market to Russia; Russian businesses will be able to place panda bonds – debt obligations denominated in Chinese yuan. Major Russian companies will be key market participants. Representatives of Rosatom and Gazprom, both companies with high credit ratings, were among the first to express interest in the deals.

"The revival of the bond market is associated with the risk of secondary sanctions against Chinese banks – Western pressure remains significant," lawyers express concerns.

As a reminder, the US previously threatened to impose sanctions on companies and entities cooperating with Russia. For this reason, many Chinese banks refused to conduct transactions with Russian counterparties, and Russian borrowers were cut off from international stock markets.

10:00 09/16/2025

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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