Rustam Minnikhanov takes part in a meeting of the Central Bank of Russia in Moscow

On 24 August the Rais (Head) of Tatarstan Rustam Minikhanov took part in a meeting of the Central Bank of Russia held by the Chairperson of the Bank Elvira Nabiullina in Moscow, which among other issues discussed implementation of an experiment in partnership financing.

Partnership financing, which does not provide for the investor to receive income in the form of interest on funds transferred to clients thus distributing both revenues and risks between clients and investors, has been implemented in Tatarstan, Bashkortostan, Dagestan and Chechnya since 1 September 2023.

After a welcoming speech of Elvira Nabiullina, the Rais of the republic thanked her for continuous support of initiatives of the republic and joint work in developing partnership financing.

It was noted that, according to results of the first half of 2026, the volume and the number of transactions in Tatarstan continue to show steady growth. A number of projects of federal significance, such as the first pilot transaction in the country involving the issuance of partnership bonds, have recently been implemented in the republic in this area.

During the meeting, a number of proposals were put forward to foster the development of partnership financing, focusing on standardizing operations and creating conditions for expanding international cooperation and attracting investments.