The head of the Central Bank of the Russian Federation, Elvira Nabiullina, considers the concept of regulation of cryptocurrencies proposed by the Ministry of Finance risky, she said about this stated at the briefing. According to her, the Central Bank has already sent to the government its position on the concept of the Ministry of […]
According to the Central Bank, in December the volume of bad corporate debt in Russian banks fell by 104 billion rubles. (minus 3.4%), up to 2.93 trillion rubles. A comparable improvement in the quality of the portfolio has recently been observed only in July 2021 (by 265 billion rubles), when Sberbank sold shares and debt […]
The official website of the Bank of Russia published a document titled “Information Notice on the Bank of Russia’s Acceptance of Messages from Interested Parties of Intention to Participate in the Procedures for the Sale of Shares of PJSC Bank FC Otkritie”. In simple terms, the Public Joint Stock Company Bank “Financial Corporation Otkritie” is […]
The official website of the Bank of Russia posted a document entitled “Information Notice on the Bank of Russia’s Acceptance of Messages from Interested Parties of Intention to Participate in the Procedures for the Sale of Shares of PJSC Bank FC Otkritie”. In simple terms, the Public Joint Stock Company Bank “Financial Corporation Otkritie” is […]
For two years now, the economy has been operating under the new rules dictated by the pandemic. And while some industries are barely surviving because of the anti-COVID measures, others have been hit by a flood of money. In Russia, the well-known oligarchs and businesses close to the authorities have turned out to be the […]