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COMMENT: No, Russia is not facing a banking crisis
No, Russia is not on the cusp of a banking credit crisis. That was the conclusion of a paper by Alexandra Prokopenko, a political economy analyst, writing for The Bell on January 17. Last week, the ...
Russia’s economy faces a ‘slow death’ as its rainy day fund runs dry
The country’s wealth fund is being depleted after three years of war – and signs of fragility are starting to emerge ...
Raiffeisen Bank clients in Russia aid Putin’s war
AG is making money from firms supplying Vladimir Putin’s military, according to documents seen by Bloomberg, as the Russian army pushes forward in Ukraine.
Russian banks reap record profits in 2024, helped by high rates and loan growth
Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...
ThePrint on MSN4d
India, Russia in ‘active discussion’ over RuPay & MIR mutual transactions
This will make RuPay one of the few international payment systems to be active in Russia. Moscow has faced a number of ...
Accepting Russian MIR banking cards in India is under active discussion
India is considering accepting Russia's Mir payment system for electronic fund transfers, potentially easing transactions for ...
Interfax7d
Central Bank of Russia extends suspension of publishing data on foreign payment service providers for year
MOSCOW. Jan 31 (Interfax) - The Central Bank of Russia has extended the suspension of publishing information on foreign payment service providers on its website for another year, until December 31, ...
EU to Propose Russian Aluminum Ban in Sweeping Sanctions Package
The European Union is proposing a phased ban on imports of Russian aluminum as part of a broad sanctions package ahead of the ...