Financial Stability Review
The Financial Stability Review is a key thematic document, which the Bank of Russia publishes twice a year (in May and November). The material describes the vulnerabilities of the financial system, analyses potential shocks, and assesses financial institutions’ resilience to these vulnerabilities and shocks.
A shock is an event that may lead to disruptions in or an overall failure of a part of the financial system.
A vulnerability is defined as a property of the economy that:
- reflects imbalances accumulated in the economy;
 - may increase the likelihood of a shock; and
 - may lead to systemic disruptions as a result of shocks.
 
                            Financial Stability Review
                                            
                    
                
                    Q4 2024-Q1 2025
    Q2-Q3 2024
    Q4 2023-Q1 2024
    Q2-Q3 2023
    Q4 2022-Q1 2023
    Q2-Q3 2022
    Q4 2021-Q1 2022
    2021 Q2-Q3
    2020 Q4 – 2021 Q1
    2020 Q2-Q3
    2019 Q4 – 2020 Q1
    2019 Q2 – Q3
    2018 Q4 – 2019 Q1
    2018 Q2-Q3
    2017 Q4-2018 Q1
    2017 Q2-Q3
    2016 Q4 – 2017 Q1
    2016 Q2-Q3
    2015 Q4 – 2016 Q1
    2015 Q2-Q3
    2014 Q4 – 2015 Q1
    October 2014
    June 2014
    December 2013
    July 2013
    December 2012
                            
            
        
                            Data on Financial Stability Review
                                            
                    
                
Financial Stability Review publication schedule
    
    
                    
                        
                    
    
| 28 May (Wednesday) | 
Financial Stability Review: press conferences
Department responsible for publication: 
Financial Stability Department
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Last updated on: 01.11.2025