National Financial Board holds meeting

The National Financial Board (NFB) considered the Monetary Policy Guidelines for 2025–2027, the information from the Bank of Russia Board of Directors on the key issues of the regulator’s activities in 2024 Q3, and the annual report presented by the Bank of Russia’s Chief Auditor.

At the meeting, the NFB members assessed the results and prospects of incentive-based regulation in the banking sector. The meeting also heard the report on the key stages of the development of the Bank of Russia’s digital ruble platform project.

The NFB approved total staff costs, pension provision, personal insurance of Bank of Russia employees, capital investments, and other general and administrative costs, as well as Bank of Russia regulations on accounting and provisioning in the Bank of Russia.

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