Saturday, June 6, 2026
About 63% of Russians believe that they have financial independence - and that for this, one needs to earn 75 thousand rubles a month, according to a survey by Sberbank Life Insurance. For financial independence in the Russian Federation, it is necessary to fully support oneself (this is the opinion...
Aeroflot's issue of five-year bonds of the P01-BO-01 series worth 24.65 billion rubles was met with great interest by the investment community. Demand from individual investors for Aeroflot's five-year bonds of the P01-BO-01 series of RUB 24.65 billion exceeded 3 billion rubles. “When we opened the order book, the demand significantly...
After getting the approval of Russian President Vladimir Putin, the law will remove restrictions for foreign shareholders with a stake of up to 20% in the authorized capital of Russian media to participate in shareholders' meetings. Their votes will be taken into account when calculating the quorum and approving decisions. In...
The ruble is rapidly strengthening along with the recovery of the Russian economy, growth in exports, the receipt of foreign exchange earnings in the country, and a reduction in capital outflow, following an assessment of the Bank of Russia of the balance of payments, Russian media reported. The situation changed...
At the end of last year, Surgutneftegaz, which earned 743 billion rubles, was ranked first in the list of the most profitable Russian companies from Forbes, whose profit is influenced by operating results and exchange rates, Russian media writes. When the ruble depreciates, the funds in the company's accounts are...
Sberbank is reducing its presence in other countries due to the deteriorating geopolitical situation, Russian media reports. "We have already left Turkey. We are considering options related to how to reduce our presence in Europe, during the next couple of years," the first deputy chairman of the bank's board Lev...
The State Duma adopted a law that expands the government's powers to redistribute budget funds without amending the law on the budget for the current year, Russian media reported. The new law empowers the government to take measures to support the labor market. The source of financing can come from...
The World Bank (WB) predicts a sustained recovery of the Russian economy with a growth of 3.2% in 2021 and 2022. The US sanctions were also taken into account for the forecast, as well as the increase in the key rate of the Russian Central Bank, a WB report...
Russia is not going to be disconnected from the SWIFT interbank transfer system, the executive director of the Russian National Association of SWIFT Roman Chernov said during a speech in the State Duma. Chernov said that no one is going to disconnect Russia from SWIFT, as this won't benefit anyone,...
Interest rates on deposits and loans in Russia will rise after June 11: the Central Bank on Friday will raise the key rate from 5% to 5.5%, economists surveyed predict, Russian media reported. The Central Bank may likely raise the key rate to 5.5%, says Mikhail Sukhov, head of the...