Russia allows central bank, top bank Sberbank to directly down drones - Finance news and analysis from Global Banking & Finance Review
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Russia allows central bank, top bank Sberbank to directly down drones

Published by Global Banking & Finance Review

Posted on May 26, 2026

2 min read

· Last updated: May 26, 2026

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Russia Permits Central Bank and Sberbank to Use Drone Defense Systems

New Legislation Enables Financial Institutions to Counter Drone Threats

Background: Drone Attacks on Russian Infrastructure

May 27 (Reuters) - Russia has passed a law allowing its central bank and other financial institutions to operate defence systems and arm staff to ward off drone attacks without special forces involvement, a document published by the lower house of parliament showed on Tuesday. 

Ukraine is regularly striking Russia with drones after Moscow's full-scale invasion in February 2022, with energy infrastructure frequently targeted as Kyiv aims to deprive Moscow of revenues to bring the war to its end. 

Implementation of Drone Defense Systems

Drone defence systems would be located next to the central bank, the country's biggest bank Sberbank, and the Russian Cash Collection Association. Staff at those institutions would be permitted to be armed. 

Financial Responsibility for Defense Measures

The institutions would handle the cost of drone defence themselves, Anatoly Aksakov, the head of the financial committee in Russia's lower house of parliament, the State Duma, was quoted as saying by the RBC news outlet. 

Business Sector Support for Enhanced Security

On Tuesday, Alexander Shokhin, head of Russia's most powerful business lobby, told President Vladimir Putin companies are ready to finance the purchase of heavier weapons and electronic systems to defend their infrastructure from drone attacks. 

(Reporting by Reuters, Writing by Jekaterīna Golubkova in Tokyo; Editing by Lincoln Feast.)

Key Takeaways

  • Russia’s central bank, Sberbank and Russian Cash Collection Association may now deploy defensive systems and arm staff against drones, without military involvement.
  • Businesses have already borne the financial burden of improvised drone defence—spending up to €2 billion in 2025—with no tax relief from the Finance Ministry.
  • Energy and infrastructure firms are prepared to finance more advanced systems, including electronic warfare and laser installations, but demand clear funding mechanisms.

Frequently Asked Questions

What new law has Russia passed regarding banks and drone defense?
Russia has passed a law allowing the central bank and financial institutions, including Sberbank, to operate drone defense systems and arm staff.
Which Russian banks are allowed to use drone defense systems?
The central bank of Russia, Sberbank, and the Russian Cash Collection Association can use drone defense systems under the new law.
Why are drone defense systems being deployed by Russian financial institutions?
The law is in response to frequent drone attacks targeting energy infrastructure after the Russia-Ukraine conflict escalated in 2022.
Who covers the cost of the drone defense systems for these banks?
The financial institutions themselves are responsible for financing the cost of their drone defense systems.
Can Russian bank staff be armed under the new law?
Yes, staff at designated financial institutions are permitted to be armed to defend against drone attacks.

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