The Central Bank of Russia published a new Financial Stability Review indicating that financial conditions remain broadly stable across the corporate, banking and household sectors. The review says the corporate sector remains stable overall even as companies’ profit edged down because of an unfavourable environment in commodity markets, while lower interest expenses following the key rate reduction are supporting resilience. Banks have sufficient capital buffers to cover possible losses on corporate loans and are continuing to lend to the economy. For households, rising incomes and moderate demand for loans have reduced debt burdens further, and debt servicing quality is gradually stabilising after the increase in non-performing loans in 2024–2025, reflecting measures taken by the Central Bank of Russia.