Sberbank has no plans to write off a 150 billion ruble ($2 billion) state subordinated loan secured during the financial crisis of 2008-09, Russia’s top bank said on Tuesday, Reuters reported.
Sources told Reuters on Monday that Sberbank had secured the right under certain conditions to write off the loan...
A bipartisan proposal to expand U.S. sanctions on the Nord Stream 2 pipeline was introduced in Congress in early June, with Russia slamming the restrictive American measures as a violation of international law, Sputnik International reported.
The U.S. House of Representatives has approved an amendment to the National Defense Authorization...
PJSC AFK Sistema merged all its pharmaceutical assets under the management of a new company - Alium Group, the corporation said, as reported by Interfax.
We are talking about transferring the blocks of shares of Alium JSC (combines the assets of JSC FP Obolenskoye and JSC Binnopharm under the Alium brand)...
Russian President Vladimir Putin has signed a law ratifying the protocol to the intergovernmental agreement on providing a loan to Venezuela by Moscow, which guarantees timely debt repayment to Russia, RIA Novosti reported.
The law was published on the official website of the legal information of the Russian government on...
Sheremetyevo International Airport has released a comprehensive report on the financial and non-financial performance of the company for 2019, including information on completed and future development projects.
The report has been released in Russian and English and in both print and electronic formats, with illustrations. The content of the document goes...
Banks posted a 50-percent decline in filings submitted by households for repayment holidays due to the coronavirus pandemic-related reasons in June, Director General of the Equifax credit reference agency Oleg Lagutkin told TASS.
"In the second half of June the number of restructuring applications halved compared with the first half...
Russia will find the way to punish those who impose personal sanctions against Russian citizens as part of the Magnitsky case, Russia’s Ambassador to the United Kingdom Andrei Kelin said in an interview with the BBC on Sunday.
"Believe me as for Magnitsky we will find the way to punish...
Standard & Poor's (S&P) global rating agency confirmed Russia’s sovereign credit rating at BBB-with a "stable" outlook, the agency said in a report, TASS reported.
The decline in oil prices, reduction of oil output under the OPEC+ deal, and the negative consequences of the COVID-19 pandemic will lead to a...
Russia reduced investments in treasury bills of the U.S. Treasury in May by $1.459 billion compared with the previous month, Interfax reported.
According to the U.S. Treasury, at the end of May Russia owned U.S. Treasury bonds totaling $5.394 billion against $6.853 billion a month earlier. Including Russian investments in...
Accusations of British authorities claiming that Moscow was complicit in interference in the 2019 UK general election will negatively affect the bilateral ties, Kremlin spokesman Dmitry Peskov told reporters Friday, TASS reported.
"Of course, this will negatively influence the Russian-British ties. However, we should acknowledge that the British side is...
