Restore and increase investments have been only to a few, the rest sold or closed business with a loss Foreign banks, which got rid of its subsidiary credit organizations in Russia in the current crisis, has lost about $1.9 billion And the losses suffered not only from the elimination of …
Read More »Foreign banks after leaving Russia bear serious losses
Foreign banks, which got rid of subsidiaries on Russian territory, in total lost about 1.9 billion rubles. They suffered losses not only due to the liquidation of the business in the country, as well as from the sale. This information was made public in the report of the National rating …
Read More »The Corporation suffer because of the banks?
Last week it became known that the report of the control management of the President of Russia, devoted to questions of management efficiency state-owned enterprises, dated late April, was named the amount of losses for the period from July last year – more than 53 billion rubles from 67 of …
Read More »Ukraine: withdrawal of Russian banks means the inevitable war
This is, apparently, all! Moscow has made a final decision and more compromise with the West on the Ukrainian question, and the Ukraine will not be. Negotiations in the Normandy format foreign Ministers of Germany, France, Russia and Ukraine from Russia is now seen as a mere formality, as evidenced …
Read More »Banks called the problem the unwillingness of the Russians to borrow
The situation in retail Bank lending is getting worse every month, and the Russian bankers see the problem is not the debt load of the population, and that entire categories of citizens basically do not want to borrow “I don’t see the problem with the debt load of the population, …
Read More »Banks were given the right to receive tax certificates of the Russians
Currently, a mechanism for banks to obtain data on the income of Russians from the Federal tax service. Banks have sought access to tax information of borrowers. As found “Izvestia”, the decision was taken at a closed meeting in the Ministry of Finance, Federal tax service (FTS) and commercial banks. …
Read More »Banks are cutting credit to non-financial sector of Russia and delay growing
The volume of loans to non-financial organizations in Russia in April 2016 fell by 1.6% after falling 4.2% in March to 31 trillion 847,3 billion RUB For the first 4 months of this year, the figure fell by 4.4%, follows from materials of the Central Bank of the Russian Federation. …
Read More »Why banks lower interest rates on loans
May 16, Sberbank has lowered rates on consumer loans by a few percentage points depending on the term and conditions of the loan. New level roughly corresponds to the pre-crisis indicators. Or at least until the acute phase, occurring in late 2014 — early 2015. We can assume that Sberbank …
Read More »Russian banks are preparing to leave EN masse the Ukrainian financial market
Russian banks are preparing to leave EN masse the Ukrainian financial market 18.05.2016 06:59 Moscow, may 18. Russian Bank VTB is likely to sell its Ukrainian business than continue to develop it, because he sees no prospects for its development in Ukraine. This statement was made by the head of …
Read More »US and EU urged banks and companies to cooperate with Iran
Foreign banks and companies should not shy away from doing legal business with Iran, said in a joint statement, the US, EU, France, Britain and Germany after talks in Brussels. “We won’t stand in the way of international companies or financial institutions dealing with Iran if they comply with …
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