Company Information

Get to know Bank of Russia

The Bank of Russia is the main financial regulator and central bank of the Russian Federation. Established in its modern form in 1990, its history dates back to the State Bank of the Russian Empire founded in 1860. Its primary objectives include maintaining the stability of the ruble, developing and strengthening the Russian banking and financial systems, and ensuring the stability of the national payment system. It holds the exclusive right to issue banknotes and coins, manages the country's international reserves, acts as the lender of last resort for credit institutions, and sets key monetary policy rates.

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Financial BankingPRIMARY
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Bank of Russia

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.