Tag finance
Economics | Business  | 19.11.20

Tatarstan Families Started Refinance Social Mortgage

Since June 2020, Tatarstan residents can get a renovated flat at a price almost two times lower than the market price, and then carry out refinancing under bank conditions, Respublika Tatarstan reports with reference to the press service of the State Housing Fund of Tatarstan.  It is specified that to refinance a social loan, you

Economics | Business  | 13.11.20

Russians Repay Debts to Microfinance Organizations Ahead Schedule

In October 2020, compared to the beginning of the pandemic, Russians began to return more microloans ahead of schedule, according to a study conducted by the IDF Eurasia online lending service, PRIME reports. In March 2020, the share of such loans was 8.5 per cent, while in October of this year it increased to 12

Insight | Around Russia  | 08.11.20

Experts Identified Russians’ Digital and Financial Literacy Level

The NAFI Analytical Centre conducted a study for measuring levels of financial and digital literacy of Russians. The purpose of the study was to find out how actively and confidently people use digital technologies in their daily financial practice.   It turned out that 6 per cent of Russians use digital services to compile and maintain

Economics | Business  | 04.11.20

Russians Revealed Attitude to Short-Term Savings

The ‘Safmar’ non-state pension fund conducted a survey on the attitude of Russians to the formation of savings. The study involved 700 people from different cities of Russia, NewsNN reports.   The survey revealed that almost half of the respondents know about alternatives to the deposit. As the key factor when choosing alternative ways of saving

Events | Visit  | 18.09.20

Financial Literacy Festival to Be Held in Moscow Online

The festival of financial literacy and entrepreneurial culture this year will be held online. It will be organized with the support of the Moscow departments of education and finance, as well as the Bank of Russia, the official website of the Moscow Mayor reports.    It is noted that the participants will find web quests

Economics | Business  | 11.09.20

Investment Development Agency to Be Created in Russia

It is assumed that the agency will be headed by First Deputy Minister of Economic Development, Andrey Ivanov, PRIME reports with reference to the press service of the Ministry of Economic Development of Russia.    It is noted that the main tasks of the new agency will be to support the implementation of new investment

Economics | Business  | 11.08.20

Over 65 Billion Rubles Allocated to Russian Doctors

Russian Deputy Prime Minister, Tatyana Golikova, announced that 65.9 billion rubles have been allocated for additional payments to doctors fighting coronavirus, TASS reported. At the moment, 65.9 billion rubles have already been allocated from the federal budget for these purposes.  The Ministry of Health of the Russian Federation, together with the Ministry of Finance, carried

Economics | Business  | 08.08.20

Best Banking Programme 2020: Russian Banks Competed in Providing Services for SME

JSC Rosselkhozbank won the competition of the Chamber of Commerce and Industry of the Russian Federation “Best Banking Programme for SMEs 2020”. The business community evaluated the leading Russian banks that provide service programs for small and medium-sized businesses, aif reported.  The event was aimed at stimulation the creation of high-quality banking products and services

Economics | Business  | 01.08.20

Cryptocurrency Payments Banned in Russia

Russian President, Vladimir Putin, signed a law that prohibits the use of cryptocurrencies in Russia to pay for goods and services. In addition, definitions were given to the concepts of “digital financial assets” (DFA) and “digital currency”, the official portal of legal information reported.   It is noted that digital currency can be accepted as a

Economics | Business  | 17.07.20

Over 400,000 Novosibirsk Residents Received Payments for Children

Novosibirsk residents continue to apply for the payment of 10,000 rubles for children aged 3 to 16 years. According to the Novosibirsk Region branch of the Pension Fund, the number of children aged 3 to 16, for whom their parents have already received payments amounted to almost 448 thousand, VN.RU reported.   The monthly allowance for

Economics | Business  | 17.07.20

Statistics Experts Recorded Russians Real Wages Increase

The real wages in Russia in May 2020 increased by one per cent in annual terms. This came after a two per cent decline in April, which follows from the report of the Federal Statistics Service (Rosstat).  It is noted that in January-May, real wages increased by 3.4 per cent compared to the same period

Moscow | Insight  | 14.07.20

Over 50 Moscow Yards to Be Improved on Money From Parking

In the north of Moscow, it is planned to equip 58 yards with funds from paid parking lots, the press service of the Administrator of the Moscow Parking Space reports. It is specified that money from paid parking zones is transferred to the prefectures, and come even to those areas where there are no paid