By its Order No. OD-3983, dated 16 November 2016, the Bank of Russia revoked the banking licence from the credit institution Commercial Bank Express-credit (stock company) (Registration No. 210, the city of Moscow) from 16 November 2016.

According to estimates by the provisional administration, the total asset value of LLC CB CREDO FINANCE does not exceed 89 million rubles, while its liabilities to creditors amount to 95 million rubles.

Tentative data suggest that the economy grew in October, albeit with substantially mixed economic performance across sectors.

The Japan International Cooperation Agency (JICA) signed loan agreements with the Government of the Republic of Senegal in Dakar to provide Japanese ODA loans of up to a total of 35.903 billion yen for assistance for two projects.

ADB has approved a $150 million loan to develop an efficient goods handling system for Chongqing that integrates logistics for road, water, and rail transport.