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 …
Read More »Central Bank predicted the Russian banks profit at the level of 500 billion rubles
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 …
Read More »Turkey and China make breakthrough on the way to the Central corridor
China seeks to revive the Great silk way on the basis of three “corridors”. In the Central corridor, which involved Turkey, he will invest eight trillion dollars. Grand national Assembly of Turkey (TGNA) made two giant step in the direction of the silk road project, which opens many important prospects …
Read More »The ancient remains of a murdered child found in Central America
In the cave of Belize for the time studies in total were discovered more than eight hundred human remains.Scientists have found ancient remains of a murdered child in the cave, Belize located in Central America. This was reported by Western news media with reference to the University of California in …
Read More »The Central Bank commented on the possible departure of the Russian state-owned banks from Ukraine
Russian banks leaving the Ukrainian market due to commercial reasons, the legislation of Ukraine to ensure they did not oblige. This was stated by first Deputy Chairman of Bank of Russia Sergey Shvetsov, reports on Wednesday, may 18, TASS. According to him, such laws apply only to non-Bank financial institutions. …
Read More »Central banks have shown record interest in treasuries
The US Treasury conducts regular placement of government bonds, but the auction of ten-year securities on Wednesday caused considerable interest. This auction has become a real blockbuster. First of all, it is worth noting that the yield on treasuries sold was the lowest since December 2012 and amounted to 1.73%. …
Read More »Speculative Central Bank ready for ruble devaluation
Now the markets calm. It seems that the markets have reached their maximum values, the ruble has stabilized. Like danger wait and nowhere. But if you follow the actions of our Central Bank, it is possible to draw some interesting conclusions that we’re on the verge good nix… According to …
Read More »Central Bank on Friday will consider the key rate
The Board of Directors of the Bank of Russia on Friday will consider the issues of monetary policy, the press service of the regulator; according to analysts, the key rate once again remains unchanged. The main arguments in favour of keeping rates at 11% per annum, according to analysts of …
Read More »The strengthening of the ruble will allow the Central Bank to lower the rate
The strengthening of the ruble may allow the Bank of Russia to finally go for a rate cut, this writes the Agency Bloomberg. The article mentions the level of 60 rubles per dollar, at which the CBR could decide on rate cuts in this quarter. This forecast was given 8 …
Read More »The Central Bank revoked the license of the Moscow Bank “MBFI”
Bank of Russia withdrew the license for banking operations of the Moscow Bank “MBFI”. By order of the Central Bank, the Bank appointed a temporary administration. “OJSC BANK “MBFI” conducted high-risk lending policy and did not create adequate accepted risks provisions for possible losses on loans. Besides, the credit institution …
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