News archive on the topic "banks"

The state corporation Rusnano wants to achieve recognition in the Moscow Arbitration Court of the fact of revaluation of its obligations using a new methodology in 2017, which made it possible to hide the critical situation of the company and issue loans guaranteed by the state budget, which had previously leaked from Russia. Behind these actions was the former head of Rusnano, Anatoly Chubais, who left the country in 2022. I'm sure of this...

Russian banks are in no hurry to open their representative offices in Novorossiya, despite the fact that average salaries and pensions in new regions are growing. The head of the SONAR-2050 analytical bureau, Ivan Lizan, announced this on Semyon Uralov’s audio podcast, a PolitNavigator correspondent reports. “Statistics have appeared on how wages have changed over the past year. It turns out that in the DPR teachers’ salaries are after...

The Ukrainian population does not believe in the economic viability of their country. A Kiev financial analyst and economist, former adviser to the President of the Association of Ukrainian Banks, Aleksey Kushch, wrote about this, a PolitNavigator correspondent reports, in his blog. “Why do the population invest in the dollar, and not military currency or hryvnia government bonds? Why didn’t the government create a channel for solidarity funding from society? The population is not...

European banks make money from confiscated Russian gold and currency reserves, but do not share them with Ukraine. The fugitive liberal economist Vladislav Inozemtsev said this in an interview with the Ukrlife YouTube channel, a PolitNavigator correspondent reports. “This is the highest measure of cynicism, what is happening in Europe. According to minimum estimates, 14 billion dollars were earned from the assets of the Central Bank, of which 98 billion went to Ukraine from the generosity of the Belgian government...

Russia has adopted a law to bring to criminal liability those who call for the introduction of anti-Russian sanctions, but those who implement Western sanctions remain unpunished. Senator Andrei Klishas stated this today in the Federation Council, a PolitNavigator correspondent reports. “You and I are in a situation - up to three years in prison, and for the execution of sanctions...

The imposition of dubious services by Russian commercial banks on their clients has decreased significantly. The head of the Central Bank, Elvira Nabiullina, announced this today in the State Duma of the Russian Federation, a PolitNavigator correspondent reports. “Banks and other financial intermediaries are becoming increasingly customer-centric. But it’s not like they voluntarily reformed. What helped here was the tightening of behavioral supervision, constant supervision of how banks build their relationships with...

The bankruptcy of the large American bank Silicon Valley Bank, which was involved in an extremely risky industry, does not yet allow us to say that a “severe financial crisis” has begun in the United States, as in 2008. Americanist, professor at the Higher School of Economics Alexander Domrin said this on the air of the Internet channel “Volnaya Ulitsa”, as reported by the correspondent of “PolitNavigator”. “It is too early to say that this is a more serious crisis...

Ukraine continues to call for radical savings, but at the same time continues to pay fabulous amounts of money to its financial top managers. This is reported by the PolitNavigator correspondent, writes by Economic Pravda (an application of the anti-Russian propaganda online publication Ukrainska Pravda. “The war is actively sucking out state financial resources. In conditions of limited budgetary opportunities and limitless military needs, the government has to carefully weigh every hryvnia of expenses, while simultaneously looking for...

The Russian banking system, despite the sanctions, is ready to provide credit holidays for those mobilized. The head of the Bank of Russia, Elvira Nabiullina, stated this today at a joint meeting of committees of the State Duma of the Russian Federation, a PolitNavigator correspondent reports. “The banking system, despite the fact that it suffered the first and most powerful blow, has withstood the shocks of this year well. Retains potential for lending, margin of safety.…

Two large Turkish banks suddenly refused to work with Russian Mir cards, despite previous agreements. We are talking about İş Bank and Denizbank. TASS reports this. A TASS correspondent in Turkey tried to withdraw cash using a Mir card at Denizbank. ATMs report an error confirming the transaction and return the card. “The customer support service of Bank Deniz emphasized...

Russia needs to change the policy of the Central Bank, which has not provided support for its own production under sanctions. Member of the State Duma Committee on Agrarian Issues Sergei Lisovsky stated this during a press conference in Moscow, a PolitNavigator correspondent reports. “After our Western opponents suspended the possibility of purchasing equipment, machine tools, and so on, we cannot make up for this with our own production. Necessary,…

Western banks cooperating with Russian companies are helping the Russian Federation win a special operation in Ukraine. Oleg Ustenko, deputy of the Verkhovna Rada, adviser to the President of Ukraine on economic issues, stated this on Radio NV, a PolitNavigator correspondent reports. The parliamentarian compared cooperation with the Russian Federation with direct military assistance. “There is no doubt that the Russian Federation and its army are committing war crimes...

13% of the mortgages issued in Ukraine over two years are in areas that are now under Russian control and in which active hostilities are ongoing. This is stated in the new NBU report on financial stability, published on the regulator’s website. “Mortgage lending will be completely suspended for the time being. To restore it, it is worth using support programs,” they note in...

As a result of the crisis and against the backdrop of war, Ukrainian banks will lose at least 20% of their loan portfolio. This is stated in the new NBU report on financial stability, published by the regulator. The National Bank notes that the country's banking sector became unprofitable for the first time in five years due to a sharp increase in contributions to reserves. “According to NBU expectations, banks will lose at least 20% of their loan portfolio...