Central Banks
Central Banks

Bank of Russia to discuss new banknote design in open meeting

The Bank of Russia is set to hold an open meeting on November 28, 2024, at noon.
Latest Central Banks News
Latest News

Bank of Russia's First Deputy Governor resigns

First Deputy Governor of the Bank of Russia, Olga Skorobogatova, has announced her decision to leave the institution.

Bank of Russia introduces measures to control corporate over-indebtedness

The Bank of Russia is taking steps to address the issue of over-indebtedness among large companies.

Bank of Russia appoints Zulfia Kakhrumanova as deputy governor

Zulfia Kakhrumanova, currently the Director of the Information Technology Department, has been appointed as Deputy Governor of the Bank of Russia.

Bipartisan bill supports service dog funding through commemorative coin sales

The U.S. Senate has passed the bipartisan Working Dog Commemorative Coin Act, a bill that was introduced in the House by Chairman Patrick McHenry and led in the Senate by Senators Ted Budd, Mark Kelly, Thom Tillis, and Tammy Duckworth.

Payments System Board addresses platform assessment and cross-border initiatives

The Payments System Board convened today to discuss several key topics, focusing on the New Payments Platform (NPP), regulatory reforms, and improvements in payment systems.

Inflation slows down in 47 Russian regions as non-food prices rise

Annual inflation rates in Russian regions remained elevated in October, although a slowdown was observed in 47 regions.

Bank of Russia mandates registration for digital rights in foreign trade

Foreign trade contracts that involve settlements using digital rights must be registered with authorized banks, as stated in a recent ordinance by the Bank of Russia.

McHenry challenges banking regulators on outdated policies during committee hearing

Today, the House Financial Services Committee, led by Chairman Patrick McHenry, is conducting a hearing to oversee President Biden's prudential banking regulators.

Bank of Russia authorized to set limits on risky mortgage and car loans

The Bank of Russia has been granted the authority to impose macroprudential limits on mortgage and car loans issued by banks and microfinance organizations (MFOs).

Ural Forum registration opens; focuses on cybersecurity and tech in finance

Registration has commenced for the Ural Forum of the Bank of Russia, scheduled to take place from February 19 to 21, 2025, at the Yekaterinburg-EXPO Congress Center.

Bank of Russia establishes new guidelines for unit-linked life insurance

The Bank of Russia has outlined new guidelines for the sale and customer information of unit-linked life insurance (ULLI) policies.

Business climate index rises slightly in November

The Bank of Russia's Business Climate Index for November was recorded at 5.5 points, slightly up from October's 5.3 points.

House committee releases report calling for FDIC Chair Martin Gruenberg's removal

House Financial Services Committee Republicans have released their final staff report on the workplace culture at the Federal Deposit Insurance Corporation (FDIC) under Chairman Martin Gruenberg.

Bank of Russia sets new rules for selecting overseas accounting institutions

From January 1, 2025, Russian depositories must verify the status or service provision rules of foreign institutions where they plan to account for foreign securities.

Consumer price growth remains high amid strong domestic demand

In October, various measures of underlying inflation experienced a month-on-month increase.

Bank of Russia simplifies control procedures for banks acquiring other institutions

The Bank of Russia has streamlined the documentation requirements for credit institutions seeking regulatory consent to establish control over other banks.

Bank of Russia resumes weekly one-month repo auctions

The Bank of Russia has announced that it will resume one-month repo auctions starting from November 25, 2024, through March 3, 2025.

Bank of Russia to host Climate Finance Day at UN conference

The Bank of Russia is set to host a Climate Finance Day in Baku on November 20, 2024.

Bank of Russia revokes license of Corporate Finance Bank LLC

The Bank of Russia has revoked the banking license of Corporate Finance Bank LLC, a Moscow-based financial institution ranked 230th by assets in the Russian banking system.