Tag Archives: banks

The Finance Ministry has proposed that banks “Putin’s friends” to give access to the budget money Russia’s Finance Ministry proposes to limit the circle of banks which will have access to budget money, and money three extra-budgetary funds (pension Fund, social insurance Fund and FFOMS). According to the draft resolution …

Banks are not required to collect from customers information on sources of income when issuing large deposits, reported the press service of the Central Bank. Earlier media reported that the banks will get this right this summer. The Bank of Russia has denied reports that banks will be obliged to …

The Bank of Russia refuted some media reports that banks will be eligible from 1 July 2016 not return the clients money if they can’t prove the legal origin of their income. This was reported by the press service of the regulator. “The fact that banks will acquire the right …

Total deposits 160 banks, deprived of licenses from 1 January 2014 to March 25, 2016, amounted 849,8 billion rubles, reports “Russian news service” referring to the “Agency for deposits insurance” (DIA). Of this amount of 740 billion rubles were returned to the clients. The volume of deposits not covered by …

Two working in Russia to Swiss banks – UBS and Credit Suisse – have responded to the invitation of the Russian government and have applied for participation in the first three transactions in the course of privatization of 2016, reported Reuters citing banking sources. Proposals from the Ministry of economic …

Russian banks will be able soon to obtain data on the revenues of customers using SMS messages. Amendments to several legal acts will contribute to the Ministry of communications. We add that the method of obtaining data will look as follows: the borrower applies for the loan, after some time …

Banks and drug trafficking — not just partners, as a unified whole Here recently in the Guardian (UK) published an article “Global Banks Are the Financial Services Wing of the Drug Cartels”[33]. In Russian language it can be translated approximately as: “International banks are the financial services division of drug …

The new practice will be finally imposed after June 30, the end of the procedure of Amnesty. Since the second half of 2016, Russian banks will have the right not to pay clients the money from their accounts unless they can prove that the income was earned legally. This is …

Shareholder of the Bank and Fidobank Alexander Adarich announced the intention of banks to consolidate banking assets, and plans to attract foreign investors. However, with investing in Ukraine at the moment is difficult. Instability in the economy, and hostilities, do not have to invest in Ukraine. But, as it turned …

Western banks applied for the organization of the privatization of Russian state-owned companies. This was announced by the Minister of economic development Alexei Ulyukayev, reports Rambler News Service. “There is a Western” — leads the Agency of his word. The Minister stressed that not only the Asian banks wished to …