Tag Archives: banks

The head of VTB Andrei Kostin believes that Russia’s banks abroad will try to cause damage. He stated this during the St. Petersburg international economic forum (SPIEF), said on Saturday, June 18, TASS. According to the banker, now in the Russian financial institutions overseas use a rather rigid approaches. Kostin …

To the national payment system “the World” joined the order of hundreds of Russian banks. This, speaking at the St. Petersburg international economic forum, said the Director of the NPCs (national payment card system Vladimir Komlev. Recall that the system began to be implemented from mid-2014. He noted that after …

Rosfinmonitoring and the Central Bank has found a way to prevent unscrupulous customers who have already been denied service or operations. Banks will soon get a new black list of clients with whom were terminated existing contracts for services and denied operations. These data banks will receive from the Central …

The number of banks offering non-market rates on deposits, in the first quarter was reduced to 42 credit institutions with 140 at the end of 2015. This was stated on Tuesday, June 14, the Chairman of the Central Bank Mikhail Sukhov, transfers “Interfax”. He added that 17 out of these …

Profit of the banking sector in Russia in 2016 could exceed 500 billion rubles. On Tuesday, June 14, said the Chairman of the Bank of Russia Mikhail Sukhov, reports TASS. From January to may, profits of banks increased to 234 billion rubles. “This allows a more optimistic attitude to the …

Although a barrel of oil on Tuesday fell, the price fell below $50, the raw materials market is more positive. Stabilization in this sector has led to the fact that banks or have changed the forecast cost of a barrel for this year and next, or intend to do so …

“Izvestia” wrote about the trend to lower the dependence of Russian banks from foreign funding on the basis of statistics of the Central Bank. The Chairman of the Bank of Russia Vasily Pozdyshev agreed that sanctions, falling oil prices and closure of foreign markets have had a more positive impact …

The saving rate in China (investment to GDP) is 18%. This is not enough to modernize the economy. For comparison, in China the figure is 42%, India 27%, in South Korea — 28%. Russia lacks investment. Hope for foreign investment is also not necessary. They are small. In General the …

Russian non-state banks purchased domestic sovereign Eurobonds for $ 550 million. On Wednesday, may 25, Minister of Finance Anton Siluanov, reports TASS. According to him, were reviewed all applications and selected, first and foremost, foreign parties that wanted to invest in Russian securities. “We stopped at total attract 1,75 billion …

The solvent losses of Ukrainian banks on may 1, 2016 amounted to 11.5 billion UAH, or $ 453 million. This 16.6 per cent below the figure for the same period last year. On Tuesday, may 24, UNIAN reports, citing data of the national Bank (NBU). In April, 25 banks have …