The central banks of Belarus and Russia discussed financial issues and the development of digital assets

Roman Golovchenko emphasized that the development of the digital financial asset market and the introduction of digital currencies are a logical stage in the evolution of the financial system, driven by the advancement of information technology.

Following the meeting, Roman Golovchenko and Elvira Nabiullina signed a regulation on a joint supervisory board, as stipulated by the Belarusian-Russian agreement on cooperation and exchange of information, including confidential information, in the area of ​​supervision and/or control of the financial market, according to the National Bank's press service. It was decided that the 63rd meeting of the Interbank Currency Council will be held in Belarus in the first half of 2026.

"We communicate very intensively and closely, especially in recent years. Our countries face many challenges in the financial sector, because pressure from unfriendly countries, as we see, is largely focused on the banking and financial sectors. Therefore, we must always keep this factor in mind. And, naturally, somehow synchronize our policies, but not only in the context of confrontation – the banking system must work for the benefit of the economy and provide it with the resources necessary for development," Roman Golovchenko emphasized.

He is convinced that, given the significant intellectual potential concentrated in the banking sector (which includes professionals in economics, finance, and macroeconomic forecasting), it is important to promptly exchange new solutions and new approaches and learn from each other's best practices.

"And this is the main focus of these meetings. No major decisions are being made here. Although an important decision was made today to establish a joint supervisory board, it is an exchange of best practices, best practices, and experience. We openly share them with each other. I can honestly say we have no secrets. We are happy to share with our Russian colleagues everything we have successfully implemented in this area in the Republic of Belarus, and we also accept their assistance. Therefore, this is a very important focus of our joint council," said the Chairman of the Board of the National Bank.

Roman Golovchenko and Elvira Nabiullina also laid flowers at the memorial complex in honor of Hero of Russia Minigali Shaimuratov. That same day, the heads of the central banks of Belarus and Russia met with the head of Bashkortostan, Radiy Khabirov, and the head of the republic's government, Andrei Nazarov.

"Today, we discussed in great detail the economic situation developing in the Republic of Belarus and the Russian Federation, as well as the measures being taken to address price and financial stability. We are in very challenging circumstances. And in this regard, a great deal depends on the careful consideration of our actions—stability, most importantly," Roman Golovchenko emphasized.

The parties also discussed the issue of joint balance of payments. "It's encouraging that, despite all the difficulties, the overall pace of progress between the Republic of Belarus and the Russian Federation is not slowing down. This applies to both trade turnover and credit and investment cooperation. Even in the most challenging of circumstances, work can be done if there are motivated people who want to achieve results and do better for their country," the Chairman of the Board of the National Bank of Belarus concluded.