The Central Bank has withdrawn licenses from three banks – the Moscow Bestinternet and Entusiasmanti and Kuban universal Bank, said the regulator. The Bank of Russia noted that all three banks violated Federal laws regulating Bank activity, and statutory acts of the Central Bank. Here’s how commented on the policy …
Read More »Nabiullina described the situation in the banking sector stable
The situation in the Russian banking sector stable, lending restored. On Tuesday, September 13, the head of the Central Bank Elvira Nabiullina at a meeting with Russian President Vladimir Putin, reports TASS. According to Nabiullina, the situation in the banking sector reflects the state of the economy. “Not without hardships, …
Read More »Gref predicted the banking system be scrapped in five years
In three to five years traditional banking system is completely broken. This was during the Eastern economic forum, said the President of Sberbank German Gref, reports the correspondent.<url>. “It will be completely broken banking sector in the coming years. It won’t be 10 years, it will be three years, it …
Read More »The Bank of Russia withdraws excess liquidity from the banking sector
The extra money deposited in Central Bank Semyon Mikhailov Artyom Korotayev/TASS The Bank of Russia continues to withdraw liquidity from the financial sector. At the end of August he spent the second month Deposit auction. In total, the regulator has drawn on their accounts 320 billion rubles at an …
Read More »Banking desert Russia
In August, the Central Bank revoked the licenses of seven banks Semyon Mikhailov Artyom Sizov/”Газета.Ru” The Central Bank continues “cleansing” of the domestic banking sector. In August licenses have lost seven credit institutions. According to Agency on insurance of contributions (ASV), the Deposit insurance system on August 26, left …
Read More »Hackers attacked the banking system SWIFT
From the beginning, hackers mass attack the customers of the SWIFT system. The management of inter-Bank communication system SWIFT in a private letter addressed to customers reporting new hacker attacks. “The threat is persistent, adaptive and sophisticated”, – stated in the message. According to a letter from SWIFT, the customers …
Read More »This year can become record for the price of Stripping the banking sector
Only payments to investors, according to experts, can be spent over a trillion roubles In July, the Central Bank has stepped up withdrawal of licenses from Russian banks. And at least 26 banks, of which 7 are in the top 50, are in the danger zone, with risk of loss …
Read More »Sberbank will introduce Islamic banking through offices in Moscow and.
Sberbank may start providing services of Islamic banking in its branches. In an interview with Rambler News Service said senior Vice President, acting head of Sberbank CIB Igor Bulantsev. According to him, now the credit organization considering establishing a joint venture with Tatarstan or special Windows services in Moscow offices …
Read More »Sberbank found in prisons, centres of banking scams
Part of the centers of banking Scam is based in closed penal institutions. As reported on Friday, July 15, Rambler News Service, said the Chairman of the Board of Sberbank Stanislav Kuznetsov. “According to our data, many centers are located in the zones. And there just will not come,” he …
Read More »The Central Bank does not want to take any more tricks banking groups
Bypassing restrictions of some NPF invest in affiliated credit institutions half of the assets The Central Bank is not like what non-state pension funds (NPF) violate the restrictions on investment of pension savings in associated banks and companies. According to “Izvestia”, some of the funds is permitted 15-25% (depending on …
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