According to a 2020 study by the NAFI Analytics Center, financial literacy among the Russian population was not high, estimated …
Artem Genkin on the future of DeFi
Blockchain investors are showing increasingly more interest in DeFi projects, with over $3 bln invested in the market as of …
Will Islamic finance save from crisis?
Facing global economic shocks, the authorities of many countries look for different ways to overcome emerging challenges. Habitual tools for …
How growing demand for payday loans will change the microfinance market
The economy facing instability and rising inflation, payday loans began to be in high demand. These are so-called loans “till …
DFAs in Russia: Challenges for retail investors and businesses
The first digital financial assets, or DFA, on Russian blockchain platforms can be issued before the end of 2022. The …
Private economic investigator helps resolve tax disputes
Relations with the Federal Tax Service (FTS) is one of the most complex aspects of doing business in Russia. Entrepreneurs …
Expert explains growth in personal loans
The share of loans Russians took out to cover their unforeseen immediate expenses surged to 19.9% of all loans approved …
Banks and digital transformation: priority areas
According to the results of the FG Finam study, the digital transformation of business and the state facing protracted pandemic …
Financial consultant explains growth of micro lending
In the fourth quarter of 2021, Russians took advantage of 11.2 million microloans worth a record RUR 150.9 bln ($2 …
Banks will tighten control over client money transfers
Russian banks have until the end of November to strengthen control over their clients’ transactions. The requirement is part of …