Central Bank of the Russian Federation (Bank of Russia)

General Information
Company Name
Central Bank of the Russian Federation (Bank of Russia)
Founded Year
1860
Location (Offices)
Moscow, Russia +1
Founders / Decision Makers
Number of Employees
556
Industries
Financial Services, Government and Military, Banking
Funding Stage
-
Social Media

Central Bank of the Russian Federation (Bank of Russia) - Company Profile

Central Bank of the Russian Federation (Bank of Russia) is the central bank of the Russian Federation, with a rich history dating back to its founding in 1860 as The State Bank of the Russian Empire. The institution is headquartered on Neglinnaya Street in Moscow. The Bank of Russia holds a special legal status as per Article 75 of the Constitution of the Russian Federation, granting it the exclusive right to issue currency and ensuring the stability of the ruble. This is further elucidated in Federal Law No. 86-FZ, dated July 10, 2002, 'On the Central Bank of the Russian Federation (Bank of Russia)', and other federal laws. The primary goals of the Bank of Russia, as stated in Article 3 of the Federal Law, are to protect the ruble and ensure its stability, promote the development and strengthen the Russian banking system, ensure the stability and development of the national payment system, develop the financial market of the Russian Federation, and ensure its stability. As a key player in the financial services and banking industries in Russia, the Bank of Russia holds significant influence over the country's monetary policies and financial systems. While specific investment data and recent investors are not available, the institution's pivotal role in the Russian economy makes it a central point of interest for potential ventures and investors.

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