Financial activities proceed as usual in most banks, with Moscow observing a scheduled holiday
On June 26, financial institutions will continue their standard operations, while Moscow observes a formal holiday declared by city authorities. The Central Bank of the Russian Federation confirmed that banking services will remain available and that normal market activity is expected to continue on the Moscow Stock Exchange during this period.
Executive leadership at banks and financial firms is responsible for arranging appropriate staffing levels to ensure essential functions are covered. This planning helps maintain continuity in client services and critical operations throughout the holiday period.
Former Moscow Mayor Sergei Sobyanin announced via his Telegram channel that a challenging situation was developing in the capital, prompting the declaration of a citywide holiday for Monday, June 26. The directive aims to reduce nonessential movement and manage the city’s safety and logistical challenges. The measure is not applicable to all sectors, with exemptions for authorities and enterprises that operate on a continuous cycle, including the military-industrial complex and city services.
Sobyanin also urged residents to limit travel within Moscow and warned that traffic restrictions would be imposed in certain neighborhoods and along specific roads. City services are being kept on high alert to respond quickly to any developments that may arise during the holiday period.
The situation underscores the delicate balance between maintaining essential public safety operations and allowing the city to navigate extraordinary circumstances. Citizens are advised to stay informed through official channels and to plan travel carefully in light of the announced restrictions. The overall approach focuses on minimizing disruption while preserving critical infrastructure and public safety, with ongoing coordination among city authorities, security services, and transportation departments. [citation: Central Bank of the Russian Federation; Sergei Sobyanin’s official communications]”