Central Bank of Russia
Mikhail Mamuta appointed Bank of Russia Deputy Governor
Mikhail Mamuta has been appointed Bank of Russia Deputy Governor, effective June 10, 2026.
Focus
Russian economy expands in Q2, inflation slows
Economic activity in Russia improved markedly in the second quarter, with core industries showing growth.
CBR enhances payment system for seamless market settlements
The Bank of Russia has implemented a new tool in its payment system to ensure seamless settlements of financial market transactions.
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CBR Financial Congress to address long-term growth
The Bank of Russia has released the business programme for its upcoming Financial Congress, scheduled for 1–3 July 2026 in St Petersburg.
Russia extends cross-border transfer limits for unfriendly states
The Bank of Russia will maintain existing restrictions on cross-border funds transfers for individuals and legal entities from 'unfriendly countries' from June 8 through December 7, 2026.
Business climate index declines to 1.7 in May
The Bank of Russia (CBR)'s Business Climate Index (BCI) decreased to 1.7 in May, driven by more moderate output and demand expectations.
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Russian companies and banks show resilience
The corporate sector and banking system in Russia demonstrate overall stability, despite a slight dip in corporate profits.
New 10-ruble coin honors Chuvash Republic
The Bank of Russia will issue a new 10-ruble commemorative coin dedicated to the Chuvash Republic on June 5, 2026.
Capital contribution limit to foreign firms doubles to ₽30m
The Bank of Russia has increased the threshold for residents to make contributions to foreign companies' authorised capital without individual permission.
Simplified path to qualified investor status
The Bank of Russia has approved amendments simplifying the procedure for retail clients of management companies to obtain qualified investor status.
Client assets under management rise to ₽34.7 trillion
The Central Bank of Russia reports client assets under management reached ₽34.7 trillion in Q1 2026, marking a 6.3 percent quarterly and 25.3 percent annual increase.
Alexei Mozhin, former IMF representative, dies at 69
Alexei Mozhin, a prominent statesman and former permanent representative of the Russian Federation at the International Monetary Fund, passed away on 3 June 2026, shortly before his 70th birthday.