Kursk Oblast
Background
Kursk Oblast is a federal subject of Russia located in the western part of the country. Its administrative center is the city of Kursk, which serves as the main political and economic center of the region. According to the 2021 census, the oblast had a population of 1,082,458, making it a substantial administrative unit within the Russian Federation.
The oblast matters in Russian affairs as a regional center of governance, transportation, and economic activity in the Central Federal District. Its location near Russia’s western border gives it importance for internal connectivity and for broader regional administration. Recent reporting has also linked the territory to the activity of PSB Bank PJSC, which continued operations there, reflecting the oblast’s inclusion in the banking and service networks that support civilian and administrative life.
Historically, Kursk Oblast has been part of the Russian state as an oblast and has long been identified with the city of Kursk as its core. In current reporting, it appears in the context of financial and administrative activity rather than as a separately disputed territory. Its recent relevance lies in its role as an established federal subject that remains part of Russia’s domestic governance structure and regional infrastructure.
Documents
Meeting of Mikhail Mishustin with the Chairman of PSB Bank PJSC Pyotr Fradkov
Mishustin met with PSB Bank chief Fradkov, who reported 9 trillion rubles in assets for 2025 and 463 branches across Russia's four annexed Ukrainian territories, covering over 50% of the banking sector's credit portfolio there.