The decline in Sberbank rates on consumer loans indicates a decrease in the income of the population and can lead to social explosion. This view of the “Rosbalt” was expressed by the Chairman of Arbitration court of arbitration of Moscow Alexey Kravtsov. In his opinion, such “opportunities of advertising of …
Read More »
More and more countries introduce negative interest rates in the hope that this measure will help the economy and acceleration of inflation, but in the world there are already examples proving that this tool is useless. Even Einstein said that there is no greater folly than to make the same …
Read More »
The monetary experiment of the key Central banks of the world lowered rates to negative values, is a ticking time bomb, the explosion which will inevitably be accompanied by crisis – primarily for pension funds, says international rating Agency Fitch in a report published on Wednesday review. At the moment, …
Read More »
Sberbank of Russia has lowered rates under contributions of the population. About it RIA Novosti was informed in the press service of the credit institution. “Reducing interest rates on deposits of individuals is due to the General trend of a fall in interest rates on deposits of natural …
Read More »
Co-owner of “RussNeft” and founder of the Bin group Mikhail Gutseriev in 2014 are insured against a drop in oil prices, resulting in earned hundreds of millions of dollars. It is reported Reuters with reference to sources in the banking and oil sectors. “Gutseriev was a large debt to Sberbank, …
Read More »
In the first decade of April the average maximum interest rates on deposits in the ten largest Russian banks fell to 9.65 percent per annum. This minimum value since October 2014, when the yield on deposits was $ 9,61 per cent. Relevant information contains on the website of the Central …
Read More »
The European Central Bank (ECB) does not rule out the introduction of negative interest rates soon. About it today at press conference said the Chairman of the ECB, Mario Draghi. “Looking ahead, given the current Outlook for price stability, the governing Council expects the key ECB interest rates will remain …
Read More »