According to the Central Bank, the volume of deposits for the first quarter decreased primarily due to the deposits in foreign currency. The Russians began to withdraw their funds from deposits, particularly foreign currency. According to the Central Bank, which are contained in the latest review of the banking sector …
Read More »Why are the banks with foreign participation were leaving the country
“Izvestiya” has analyzed how and why reduced the presence of foreigners in the Russian banking system Last week Citibank announced the closure of two offices in St. Petersburg. The Bank explained that they regularly close the offices, which are becoming less popular. The plans for the streamlining of the branch …
Read More »Media: five banks participate in the privatization of Russian assets
Five banks have applied for participation in the privatization of Russian assets. About it reports “Interfax” with reference to the information source from the press service of the Ministry of economic development. The banks are: Credit Suisse, UBS, Citi, UniCredit and Raiffeisen. According to the source, foreign banks would like …
Read More »The Supreme court has forbidden banks to transfer data to collectors without the consent of the debtors
Russia’s Supreme court took a momentous decision: he actually forbade banks to transfer the collectors information on loans without the consent of the debtors. In a particular case Russia’s Supreme court has questioned the right collection Agency to demand from the debtor repayment of the debt. Reason: unclear on what …
Read More »In the Russian privatization want to be part of the American banks
Applications for participation in the privatization of Russian state-owned companies, according to “Izvestia”, has filed two U.S. and six European banks. This is J. P. Morgan, Citi, Barclays, Deutsche Bank, Raiffeisen, Credit Suisse, UBS, Unicredit. “About five foreign banks” have applied to the privatization of Russian state companies, said this …
Read More »Banks close to tax data of Russians
Having access to data on the income of borrowers in the Pension Fund, banks began to get close to the base of the Federal tax service With access to pension accounts of the Russians, banks took tax help borrowers. As found “Izvestia”, in the near future at the Federal tax …
Read More »The blockchain for banks: how the virtual money to change the financial market
Photo by REUTERS / Mark Blinch The technology of the blockchain may be the new wave, which is expected to create thousands of startups and their products have already attracted hundreds of millions of investor dollars Just a couple of decades the world has experienced several technological revolutions. We …
Read More »Profit of Russian banks jumped 18 times
Russian credit organizations in January-March of 2016 received a profit of 107 billion rubles, said at a Congress of the Association of Russian banks, the head of the Central Bank Elvira Nabiullina, reports “Interfax”. “Despite the fact that in the beginning of last year were the losses of the banking …
Read More »Sberbank predicted the disappearance of the banks because of the blockchain
By 2026, the banks will disappear due to the development of the technology of the blockchain (the block chain, distributed database — approx. “The tape.ru”). This was stated by Vice-President of Sberbank Andrei Sharov, reports Rambler News Service. “After 10 years, are afraid that banks will not and I have …
Read More »Expert: the world’s Central banks to manipulate the price of gold
According to Chris Powell, one of the heads of the Antimonopoly Committee on gold, reputable non-profit organization in the gold market, Central banks of different countries are taking deliberate steps to lowering the cost of precious metal. The co-founder of the Antimonopoly Committee of gold (Gold Anti-Trust Action Committee, GATA), …
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