Russia has overtaken other countries with its fastest-growing number of ultra-wealthy people, consulting company Knight Frank said in its report …
Financial and technical projects compete with banks
Banks are starting to lose some of its business and give way to financial and technical projects, according to Maxim …
How IT changes microcredit industry
Experienced bank manager Andrei Ponomaryov had been considering his project for two years before deciding to start his own business. …
Mortgage rates to go down in Russia
Zhanna Malis, Managing Partner of the Unified City Service for Assistance to Co-investors of Residential Projects On February 12 in …
Muscovites have amassed $54 bln worth of savings
Residents of Moscow have invested RUR 3.6 trln ($54 bln) in foreign currency and precious metals, estimated as of the …
Peter Oppenheimer: Quasi monopoly of the dollar has been a source of irritation for 50 years
On the sidelines of the Gaidar Forum in Moscow, housed by the Russian Presidential Academy of National Economy and Public …
Russia sets foreign debt record
Russia’s foreign debt fell to a record low level in a decade, to $453.7 bln, according to the Bank of …
Expert: Yuan will become global reserve currency
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 …