The National Financial Board (NFB) of the Central Bank of Russia held a meeting to consider the Bank of Russia’s 2024 Annual Report, hear information from the Bank of Russia Board of Directors on key issues in the regulator’s activities in the first quarter of 2025, and review the report of Fund of Banking Sector Consolidation Asset Management Company. The agenda also covered the main stages of the digital ruble platform project, developments and prospects in the capital market and the market for digital financial assets, concentration risks at systemically important credit institutions, and progress in shifting finance towards predominant use of Russian software and radioelectronic products. The NFB approved the statement of Bank of Russia personnel costs for 2024, expenses on pensions and personal insurance for employees, capital investment and other general and administrative costs, as well as Bank of Russia regulations on accounting at the Bank of Russia.
Central Bank of Russia 2025-07-08
Central Bank of Russia National Financial Board reviews 2024 annual report and approves 2024 personnel cost statement and accounting rules
The National Financial Board of the Central Bank of Russia reviewed the 2024 Annual Report and discussed key regulatory activities for Q1 2025. The meeting addressed the digital ruble platform, capital market developments, concentration risks at systemically important institutions, and the shift towards Russian software. The NFB approved personnel costs, pension expenses, and accounting regulations for 2024.