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Tag Archives: banks

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 …

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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 …

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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 …

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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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