In early 2018 Leta Capital launched its second fund to invest in promising software technologies. As much as $50 mio …
Expert: Banks will not vanish but change their working model
Banks in their current form will not disappear; however, their working model will change, with modern online services posing a …
Expert warns against cryptocurrency investments
The devaluation of the ruble, economic recession, restrictions on free circulation of the US dollar and the toughened sanctions – …
Sberbank’s Loan Factory issues 12 tln of loans
In October 2008, Loan Factory, developed by the leading Russian banking institution Sberbank, was launched. It is based on the …
Disappearance of the dollar would be no disaster
De-dollarization is inevitable. It will happen when the US financial system faces a crisis and alternative payment systems are in …
Largest internet companies at the crossroads
Russian multinational technology company Yandex N.V. shares collapsed almost 20% at the end of last week immediately after the media …
Russia reduces business loans
The government has reduced the maximum loan amount provided to small and medium-sized businesses for investment purposes. Companies will be …
Tax authorities will have access to banking information
Russia’s Federal Taxation Service will have access to the entire information available on accounts entities and individuals have at financial …
Russia’s Central Bank will tax P2P transfers
The Bank of Russia has instructed national lending institutions to charge transfers from corporate accounts to private accounts in case …
Sberbank CEO: We will recover
Russian President had a working meeting with Sberbank CEO and Chairman of the Management Board Herman Gref to review the …