Banks

Financial transactions of the Russian Federation with unfriendly countries decreased by about 80%. However, the number of such transactions with Asian countries tripled.

More and more Russian banks are no longer opening foreign currency accounts, Izvestia writes with reference to the call centers of banks.

Economists of The Goldman Sachs Group Inc. forecast deterioration in the growth of the US economy.

In Ukraine, by the end of summer, mass confiscation of assets of Russians and citizens cooperating with the Russian authorities will begin

The Russian Sberbank has started to create an international settlement system, which will be alternative to SWIFT.

VTB Chairman Says Bank Regulation Needs to Be Created From A Clean Slate

The Central Bank of Russia has revealed a new method of fraud by fake "bank employees" who offer to exchange cashback for rubles.

Russia may annex the Kherson Region the same way as it annexed Crimea.

The freezing of the foreign exchange part of the reserves of the Central Bank will lead to the fact that the central banks of other countries will want to rethink the need to place reserves in dollars and euros.

Kirill Stremousov, deputy head of the military-civilian administration (CAA) of the Kherson region, said that Kyiv intends to disconnect the region from the banking system.

There may not be enough Russian chips for bank cards if demand grows, Alexander Baranov, Candidate of Economic Sciences, told FBA Economics Today.

The Central Bank of the Russian Federation said that Russian banks have significantly reduced the volume of stocks of precious metals.

The central bank has reduced the key rate by three percentage points to 11 percent per annum, according to the regulator's website.

Banks began to pay extra for the exchange of dollars for rubles on the market due to the more expensive exchange of dollars for rubles than direct loans in rubles. RBC writes about it.

A strong ruble can reduce the amount of revenues to the Russian budget, said the director of the Higher School of Finance of the REU. Plekhanov Konstantin Ordov.