The Bank of Russia has released its updated list of systemically important credit institutions, as outlined in Ordinance No. 5778-U from April 13, 2021. These institutions collectively represent nearly 80% of the total assets in the Russian banking sector.
The approved list includes AO UniCredit Bank, Bank GPB (JSC), PJSC Sovcombank, VTB Bank (PJSC), AO ALFA-BANK, Sberbank, CREDIT BANK OF MOSCOW, Joint Stock Company Bank DOM.RF, TBank, Bank PSB PJSC, AO Raiffeisenbank, and JSC Rosselkhozbank.
The designation of these banks as systemically important means they play a critical role in the stability and functioning of the Russian financial system. According to the Bank of Russia, “The reference to the Press Service is mandatory if you intend to use this material.”
This annual update reflects ongoing oversight and regulatory efforts by the central bank to identify key institutions whose operations are vital for the national economy.
