On May 22, the Russian Chamber of Commerce and Industry (RCCI) hosted a roundtable, held by the RCCI Council on …
Digital substitution: Can CBDC replace dollar?
The US dollar will lose its status as the world’s leading currency within the next decades. About half of the …
Prospects for cooperation between banks and MFIs in 2023
According to the Central Bank of the Russian Federation, in 2022 the share of bank funding in MFIs decreased from …
How to distribute indirect expenses safely
The ability to allocate costs is one of the key competencies of the financier. It is necessary to evaluate the …
The Digital Ruble: Challenges and opportunities
Russia plans to launch the digital ruble in the near future. A law regulating the issuance and circulation of the …
Boostra: How to lend with zero interest and make profit
Boostra, a microfinance provider founded by businessman Sergei Smelov, is one of the most notable Fintech companies in Russia. The …
MFIs against fraud: how online lenders are fighting financial scammers
Despite the fact that the Bank of Russia notes a decrease in the total number of complaints about MFIs in …
Why is the amount of money stolen from banks growing and who should compensate for losses from fraud?
The problem of fraud today is the most urgent for banks due to the increase in the volume of stolen …
Mortgage lending in 2023 – prospects and forecasts
For many people, mortgages remain the main tool for acquiring apartments in new buildings. State support programs help to make …
Private loan demand on the rise: What to expect?
The microloan sector has been recovering faster this year than bank lending. In Q4 2022, the market may partly make …