Russian Banks

bank of russia

Russian Finance Firms Form Blockchain Consortium

04/07/2016(0)
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie ... Read More
russia

About 27% of banks left Russian market in two crisis years — Sberbank expert

19/05/2016(0)
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market ... Read More
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Moody’s downgrades three major Russian Financial Institutions

20/01/2015(0)
Moody’s Investors Service has on Monday 19, 2015  downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of ... Read More
rubles

Russian Finance Ministry Starts Selling Foreign Currency in Bid to Strengthen Ruble

17/12/2014(0)
The Russian ruble strengthened sharply on Wednesday in volatile trade after the Finance Ministry said it had started selling foreign currency from its leftover stock. The Russian currency has ... Read More
rubles

Plunging Ruble Unsettles Russians, Poses Test for Putin

17/12/2014(0)
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, ... Read More
court-sanctions

Trio of Russian state-owned banks take EU to court over sanctions

29/10/2014(0)
Three Russian major state-owned institutions – Sberbank, VTB and Vnesheconombank – have announced that they have filed lawsuits with an EU court to contest sanctions the European Union imposed ... Read More
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