The unfolding economic crisis is bringing a new wave of problems to the Russian banking market. Smaller banks will be …
Coronavirus and personal bankruptcy
Russian courts have declared more than 22K people bankrupt since the beginning of 2020, however, according to experts, many more …
Democracy does not come cheap
The phrase “Whatever it takes” suddenly makes a worldwide career. Now we know how to say it in hundred plus …
Our future lies with central banks’ digital money
In a rapidly digitalizing world, the value of tangible assets is declining while the service industry’s role is becoming increasingly …
Coronavirus hits fintech startups
Not so long ago, fintech startups remained among the most attractive assets in the investment market, with their regularly growing …
Russians are being discouraged against deposit savings
The government is stimulating owners of financial savings to spend more and making the practice of depositing savings less rewarding. …
Mehdi Rahimian: Russia and Iran may issue a cobranded bank card
Mehdi Rahimian, a PhD student at State University of Management, took part in the recent Gaidar Forum in Moscow held …
Russian banks deliberately confuse retail loan and mortgage customers
The clients of Russian banks say they run into roadblocks nearly all the way through choosing and signing their loans. …
Sale of Sberbank and Russia’s strategic interests
The Central Bank and the Ministry of Finance have drafted a bill that stipulates that the Bank of Russia will …
Putin explains when economy will grow
In his address to the Federal Assembly, Russian President Vladimir Putin clarified when the country can expect faster economic growth. …