Banks Association of Türkiye confirms problems with payments from Russia
The Banks Association of Türkiye received information and notified its member banks about the problems of exporters regarding payments with Russia
finances in Russia
UK sanctions imposed on 90% of Russian banking sector
The vast majority of Russian banks are under British sanctions, the kingdom's government department reports. Restrictive measures also concern the Central Bank of the Russian Federation and the Ministry of Finance.
Oil, gas, flour: what does Georgia import from Russia?
Russia and Georgia have increased trade by almost a quarter since the beginning of 2023. The export of Georgian goods to Russia has also grown by more than 25%, Georgia supplies water, wine and cars. Russia sells oil, gas and flour.
Tatneft acquires Turkish filling station network
Tatneft has acquired a large network of filling stations in Türkiye
USA predicts Russia's rapid economic growth
According to the USA, the Russian economy will grow faster than the British economy or German. Anti-Russian sanctions have done much more damage to the West, this is their greatest miscalculation.
Payment in rubles to benefit Russia and Turkey, Erdogan says
Turkish President Recep Tayyip Erdogan, in an interview with reporters, spoke about the talks with Russian leader Vladimir Putin, which took place in Sochi. He noted that the parties reached an agreement on the start of the transition …
Sberbank to cooperate with Iranian bank
Commercial bank Bank Melli Iran has signed cooperation agreements with Russia's Sberbank, Iranian Press TV reported. It is noted that the memorandum was signed by the CEO of Bank Melli Iran Mohammad Reza Farzin, who is on a visit to …
Russian Mir card may be recognized in Iran
Iranian Ambassador to Russia Kazem Jalali said that Tehran is discussing with Moscow the Mir payment system recognition. "This issue is on the agenda, which we are discussing with our Russian colleagues," RIA Novosti quoted …
Russia disconnected from SWIFT
Western countries have agreed to disconnect Russia from the interbank system for transferring information and payments SWIFT. At the first stage, only banks under new Western sanctions will be disconnected from the system, including Sberbank, …
Head of Crocus Group names financial problems of Russians
Russians receive low pensions and salaries, which is why the country’s GDP will not grow,” Russian and Azerbaijani businessman, president and owner of the Crocus Group Aras Agalarov said. An increase of the …
Suzdal to adopt tourist fee experience of Crimea and Kuban
The authorities of the Vladimir region intend to initiate the introduction of a tourist fee in Suzdal, regional head Vladimir Sipagin said at the St. Petersburg International Economic Forum (SPIEF). “In five years, Suzdal …
Major Russian banks officially withdraw from ARB
The Council of the Association of Russian Banks (ARB) has approved applications for withdrawal from the association of Sberbank, VTB, VTB 24, Gazprombank, Rosselkhozbank, Bank Otkrytie, Alfa Bank, Binbank and BM Bank. ”The representatives …
Are Russians interested in Finance Ministry's OFZ bonds?
The project of issuing "people's" OFZ bonds, announced by Russia's Ministry of Finance on Monday, raises a lot of questions and looks fishy rather than appealing for the public, economists Sergey Hestanov and …
Russian Finance Ministry: 2017 inflation may reach 4%
Inflation in Russia is now more likely to hit the Central Bank's target of 4% in 2017 than it was previously expected, the Russian Deputy Finance Minister Maxim Oreshkin said. He also said that inflation …
Dmitry Medvedev: it is impossible to simply increase salaries and pensions
Today, Russian Prime Minister Dmitry Medvedev urged fellow party members and the opposition to not offer electorate unrealistic dreams in order to attract their votes in the elections, stressing that no government would increase …
