A total of $599.2 million was received from Kiev’s partners in May 2026 ($498.8 million through the accounts of the World Bank and $100.4 million from the offering of foreign currency-denominated government bonds).
Traditional, or inertial, drivers of Russia’s economic growth are nearing exhaustion, making a new economic growth model necessary, Sberbank CEO German Gref said at Sber’s business breakfast held as part of the St. Petersburg International Economic Forum (SPIEF-2026).
Russia’s banking sector could achieve record profits of up to 4.1 trillion rubles (55.8 bln) in 2027, First Deputy Chairman of Board of VTB Dmitry Pianov told reporters on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
The high key rate of the Central Bank of Russia was a calculated decision and the result is achieved, President Vladimir Putin said at the meeting with heads of leading global news agencies hosted by TASS.
Inflation growth is the main problem of the Russian macroeconomy but the Central Bank takes all the measures, President Vladimir Putin said at the meeting with heads of leading global news agencies hosted by TASS.
The Bank of Russia purchased yuan on the domestic market with settlements on June 3, 2026.
Russia’s international reserves decreased by $5.1 bln in one week to $748.7 bln as of May 29, 2026, the Central Bank reported.
IC Group and VTB Bank have signed a cooperation agreement at the St. Petersburg International Economic Forum (SPIEF 2026) to construct the first data center in the Donetsk People’s Republic (DPR).
The Bank of Russia purchased yuan on the domestic market with settlements on June 2, 2026.
The 29th St. Petersburg International Economic Forum (SPIEF-2026) is taking place on June 3-6.