So the Russian flags has no official symbolism but some people have put meanings to it. They believe white stands for generosity, blue for loyalty, and red for courage. In 1696 if became the official flag of the Tsardom of Russia. It was there until the formation of the USSR and was reintroduced in 1991 after the fall of the USSR. Russia also celebrates national flag day on August 22 which was established in 1994.