The transfer of part of currency reserves to the yuan is justified because it would help diversify the assets, Ksenia …
Who transfers money to Russia, from where and why
By Michael Hovsepian, Development Director at TransferGo The generalized customer of a money transfer service varies greatly across nationalities and …
Russia’s leasing market sets historic records
In the past nine months the business of the 100 largest Russian leasing companies has grown by 44.6% and reached …
Scope Ratings highlights key risks for Russia in 2019
A major European credit rating agency Scope Ratings GmbH (part of the Scope Group) has released its Sovereign Outlook 2019: …
Scope released 2019 covered bond outlook
According to the recently released bond outlook, after years of stagnation, economic momentum and stable credit quality should push the …
Russia writes off nearly $425 mio in developing countries’ debts
Over the past 10-15 years, Russia has increased international development assistance, delivering more than $1 bln annually in 2016-2018, Alexander …
Sberbank becomes Russia’s highest value company
Sberbank has become a leader among Russian companies. The bank’s capitalization in the Moscow Stock Exchange is higher than Rosneft …
German Westwing sells Russian e-commerce business
This story initially appeared in East-West Digital News, an international news resource covering the Russian innovation scene. Westwing, a German …
Economic crisis to start in 2019
The global economy growth rate will start decreasing as early as next year, with developing countries affected the most, including …
Expert: Banks eagerly use Data Science technology
The most active banks are vigorously applying the Data Science technology, as it is the most efficient financially. There is …