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National Financial Board holds meeting

8 July 2025
Press release

On 27 June 2025, the National Financial Board (NFB) held a meeting to consider the Bank of Russia Annual Report for 2024, the information from the Bank of Russia Board of Directors about the main issues relating to the regulator’s activities in 2025 Q1, and report of the Limited liability company Fund of Banking Sector Consolidation Asset Management Company.

The meeting participants discussed the key stages of the development of the Bank of Russia's digital ruble platform project and heard the reports about the advancement of the capital market and the market of digital financial assets and its prospects. They also discussed the concentration risks of systemically important credit institutions and the current stage of the transition to the predominant use of Russian software and radiolectronic products in finance.

The NFB approved the statement of Bank of Russia personnel costs for 2024, expenses on the pensions and personal insurance of Bank of Russia employees, capital investment, and other general and administrative costs, as well as Bank of Russia regulations on accounting at the Bank of Russia.


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