Sberbank refuted the rumor that the bank had run out of plastic for Mir cards. “Fake: Sberbank has run out of plastic for issuing Mir cards”, the credit institution said in a statement. Sberbank noted that due …
The SuperJob service's survey showed that the ban on transactions with Russian Visa and Mastercard cards led to an increase in demand for Mir-UnionPay cards. The Mir - UnionPay card gives the opportunity to pay for goods and …
The purchase of electronic tickets for Russian Railways trains via Apple Pay, Google Pay and Samsung Pay services may not be available, the carrier warns. "Currently, Apple Pay, Google Pay and Samsung Pay may not be available for …
The rouble strengthened on Wednesday, supported by rising oil prices which also pushed Russia’s benchmark MOEX stock index to a record high, as the finance ministry held two OFZ treasury bond auctions
Russian banks received a record low net profit of 500 million rubles in May, Russia's central bank chairwoman Elvira Nabiullina said at the State Duma. According to her, in January–May, banks earned a net profit …
Russian banks rejected more than six in every 10 loan applications made last year, new data has shown. Only 36.9% of requested loans were granted in in Russia last year, down from 41% the year before, the National Bureau of Credit …
The Bank of Russia instructed systemically important banks to connect to the Faster Payment System (FPS) by October 1, 2019. Banks with the all-purpose license should be connected by October 1 of the next year, according to the regulator. …
The International Monetary Fund (IMF) staff team said the cleanup of Russia's banking sector needs to be completed, the authorities also need to continue strengthening bank supervision and regulation. According to the …
First Deputy Chairman of Russia’s Central Bank Dmitry Tulin said that about three-quarters of its plan to clean up the banking system are completed. According to Tulin, Russia’s central bank does not …
Over the last two years, cyber attacks caused 3 billion rubles of damage to Russia’s financial sector, deputy chair of the Federation Council Committee on Constitutional Legislation and State Building Lyudmila Bokova said at …
China's banks have the strongest credit profile among the emerging market BRICS nations (Brazil, Russia, India, China and South Africa), while Russia's banks - the weakest profile in the group, Moody's Investors Service said in a …
Russia’s Central Bank will provide Trust Bank with a combined 1.1 trillion rubles ($19.17 billion), Central Bank Deputy Governor Vasily Pozdyshev said. The banks’ problematic assets could be united under …
Russian bailiffs canceled physical persons' bad debts in the amount of about 2.2 trillion rubles to banks, the Izvestia newspaper reported with reference to Russia's Federal Bailiffs Service. In 2017, bailiffs were not able to …
Representatives of Russian businessman and lawmaker Suleiman Kerimov's Bonum Capital entered Vozrozhdenie bank's board of directors. Bonum Capital is in talks to buy the bank, according to the fund's …
This year, approximately 35-50 banks can be deprived of licenses in Russia, according to the review of the January situation in the Russian banking sector prepared by the RIA Rating agency. In the period of January-February …
The volume of bad assets has continued to grow in Russia's banking system. In recent years, it has more than doubled, according to the Russian Analytical Credit Rating Agency (ACRA). "The number has increased …
Russian businessman and lawmaker Suleiman Kerimov is in talks with the majority shareholders of Russia’s Vozrozhdenie bank about buying their stake in the lender, sources close to the talks said. The bank’s …
A cleanup of Russia's banks almost complete, Russia's Central Bank Chair Elvira Nabiullina said today. "In 2017, the Bank of Russia was forced to revoke more than 50 bank licenses," she said, adding …
Russia’s Deposit Insurance Agency (DIA) is preparing a reform of liquidation of crashed banks for a quick public sale of their assets, the DIA’s head Yury Isayev said. The agency currently deals with …
Russia's banking system would likely hit record profits next year, the main Sberbank analyst Mikhail Matovnikov said. According to him, Russian banks's profits would have reached 1.5 trillion rubles …
