Bank of Russia
The Bank also holds exclusive right to issue ruble banknotes and coins.
The principal goals of banking sector development are as follows:
- increasing the protection of interests of depositors and other creditors of banks;
- enhancing the effectiveness of the banking sector’s activity in accumulating household and enterprise sector funds and transforming them into loans and investments;
- making Russian credit institutions more competitive;
- preventing the use of credit institutions in dishonest commercial practices and illegal activities, especially the financing of terrorism and money laundering;
- promoting the development of the competitive environment and ensuring the transparency of credit institutions;
- building up investor, creditor and depositor confidence in the banking sector.
|Key People||Elvira Nabiullina (Governor)|
|Head Office||12 Neglinnaya Street, Moscow, 107016|
|Phone||+7 (495) 771 91 00|
|Fax||+7 (495) 621 64 65|
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