On June 27, 2025, the National Financial Board (NFB) convened to review several significant reports and developments related to the Bank of Russia. The meeting’s agenda included examining the Bank of Russia Annual Report for 2024 and discussing information from the Bank of Russia Board of Directors concerning key regulatory activities in the first quarter of 2025. Additionally, a report from the Limited Liability Company Fund of Banking Sector Consolidation Asset Management Company was considered.
Participants at the meeting focused on various aspects, including the development stages of the Bank of Russia’s digital ruble platform project. They also reviewed reports on capital market progress and digital financial assets’ prospects. Further discussions addressed concentration risks among systemically important credit institutions and examined progress in transitioning to predominantly using Russian software and radio-electronic products within finance.
The NFB approved several financial statements related to personnel costs for 2024, pensions, personal insurance for Bank of Russia employees, capital investments, and other general administrative expenses. They also endorsed regulations concerning accounting practices at the Bank of Russia.
“The reference to the Press Service is mandatory if you intend to use this material.”
