The Bank of Russia has demanded from financial and credit institutions to tighten the approach to work with clients of premium segment. On Monday, March 14, according to “Kommersant” with reference to a letter the regulator sent to the bankers in the beginning of this month. The Central Bank attributes …
Read More »China presses Russia in Central Asia
Created under the auspices of the China Alliance of Afghanistan, Pakistan and Tajikistan will become an alternative to the CSTO in the region Photo: REUTERS/Omar Sobhani The formation of the political Alliance of Afghanistan, Pakistan and Tajikistan under the auspices of China has become one of the topics of …
Read More »The Chairman of the Central Bank predicted a significant growth in 2016 of Bank contributions of Russians
In 2016, the household deposits in Russian banks may increase by 15 percent, said the Deputy Chairman of the Bank of Russia Mikhail Sukhov. This prediction he made in his speech at the Russian economic and financial forum in Switzerland. The words of the Chairman of the Central Bank passes …
Read More »The Central Bank expects credit growth in the regions
The CBR is waiting for loan growth in the regions. This follows from “the Review of regional credit markets” that was published by the regulator. So, the Central Bank is confident that in the majority of subjects the demand for loans from both corporate and private borrowers in the near …
Read More »The Central Bank has projected Deposit growth of Russians by 15% in 2016
In the framework of the Russian economic and financial forum in Switzerland, the Chairman of the Central Bank of Russia Mikhail Sukhov said that the growth rates of deposits of individuals in Russian banks can be 15% by the end of 2016, reports TASS. <iframe id=”AdFox_iframe_945622″ frameborder=”0″ width=”1″ height=”1″></iframe> …
Read More »Valentin Katasonov: the gold Scam and the Central Bank
The collapse of global trade, what’s next? Financial ebb before the financial tsunami. What markets are left for Russia? Pack my bags and waiting for something. Whose gold reserves? State? Are You sure? Why not rejoice in the growth of foreign exchange reserves. The full version of the conversation in …
Read More »The Central Bank withdrew the license at Rosavtobank
The Bank of Russia has withdrawn from 4 March 2016 licence from the Moscow Rosavtobank, is spoken in the message of the regulator. The Bank conducted high-risk lending policies and create adequate accepted risks provisions for possible losses on loans. Proper evaluation of credit risk led to a complete loss …
Read More »The Central Bank will require companies to report on foreign loans
The Bank of Russia intends to oblige companies to provide, through the full repository of information about foreign loans, said the Director of Department of financial stability of Bank of Russia Sergey Moiseev. “We intend to gradually move towards covering a larger number of tools. We have thoughts in relation …
Read More »The Central Bank found “hole” in “Only” 210 billion rubles
Negative equity “Vneshprombank” at the time of revocation of the license on January 21, 2016 amounted to $ 210,114 billion rubles This follows from the accounting balance sheet published in “the Bulletin of Bank of Russia”. Net loss “of Vneshprombank” at the same date amounted to 151,012 billion rubles On …
Read More »The Central Bank called the vague prospects of the Russian economy
Prospects for Russian economic recovery not yet clear. About it on March 3, the report “what do the trends” according to the Department of studies and forecasting (DIP), the Bank of Russia (conclusions of the Department may not coincide with the official position of the Central Bank). “Model estimates of …
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