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. …
The War on Cash is no use in the War on Crime
The last few years have seen ongoing controversy over the War on Cash, the proposal to restrict the use of …
Six main trends in crowdlending
Corporate interest At the beginning of 2019, Russia’s largest bank announced its entry into the crowdfunding market. A trendsetter not …
De-dollarization in Russia or alternative energy transactions in 2019
Russia is a major global oil producer, therefore it may be said that oil is the main asset of the …
Five global fintech trends in 2020
Technology and financial services have been going hand in hand for fifty years. Fintech is showing rapid growth and has …
New pension reform will cost 10 billion
The tax benefits to be granted under the new pension reform will cost the government RUR 10 bln ($156 mio); …