The head of the Bank of Russia, Elvira Nabiullina, stated this in an interview with RIA Novosti.

According to her, Russia has a financial messaging system that is an alternative to SWIFT. In addition, some other countries have similar infrastructure.

“We are discussing the interaction of such platforms, but the interest and technical readiness of our partners are important here,” Nabiullina said.

At the same time, she added that 159 foreign participants from 20 countries have already connected to the Russian platform.

Nabiullina also said that global economic growth is slowing down, but a recession has been avoided.