The system now includes 115 foreign entities from 14 countries Russia’s SPFS interbank messaging system is expanding at an unprecedented pace and now includes 469 participants, according to Alla Bakina, head of the Central Bank’s national payment system department. “Over the past year, we have connected as many [members] as for the entire period of the system’s operation,” the banking official stated on Friday on the sidelines of a forum in Ekaterinburg. Around 115 of the participants are foreign entities from 14 countries, Bakina added. She noted that the Russian Central Bank is working to connect even more coun
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