Global Trade Alert
Global Trade Alert

Russia: Extension of ruble debt repayment regime to bank deposits held by creditors from "unfriendly" countries

Announcement

01 Jun 2026

In June 2026, the President of Russia expanded the mandatory use of special rouble accounts (Type 'C' accounts) for the fulfilment of obligations to certain foreign creditors to include bank deposits.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jun 2026

Revocation date:

No revocation date

Announced: 01 Jun 2026
Controls on credit operations In force

Recent update from 25 Jun 2026:

On 1 June 2026, the President of Russia issued Decree No. 377, extending the temporary procedure for fulfilling obligations to foreign creditors from "unfriendly" states to include bank deposits. T...

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