Banks

The Bank of Russia denied the information that appeared in the media about the purchase of foreign currency from exporters to curb the ruble from a sharp appreciation.

Residents of Russia began to complain more often about banks that fell under Western sanctions, the Central Bank of the Russian Federation reported.

In Russia, the preferential mortgage rate may be reduced from 9% to 7%. This was announced to Izvestia in the State Duma.

The United States has yet to default on Russia as Washington waits for a more opportune moment to sow panic among Russians, economist Vasily Koltashov said.

In the first quarter of 2022, 2,115 counterfeit banknotes with a face value of two thousand rubles were detected in Russia, which is 5.5 times more compared to the same period a year earlier.

In the current difficult economic situation in the country, the safest and most reliable way to invest money is a ruble deposit in a bank.

The Federation Council of the Russian Federation approved amendments that make it easier for foreign organizations to open an account in Russian banks.

The company said it was taking steps to suspend the accounts of authors receiving payments in Russia.

The Russians returned back to banks 90% of the deposits that they had taken since the end of February.

The SberBank Online mobile app on the iOS platform is not available for download and update in the App Store due to the sanctions imposed on the company.

The head of the World Bank, David Malpass, announced during a speech at the Warsaw School of Economics that the organization is ready to transfer $1.5 billion to help Ukraine.

Russian export companies have encountered difficulties in selling foreign exchange earnings on the market, Vedomosti writes.

Russian banks refuse to receive credit holidays in at least half of customer applications.

Russian President Vladimir Putin signed a decree «On the temporary procedure for fulfilling financial obligations in the field of transport to some foreign creditors».

The new payment system is likely to be installed at the headquarters of both RBI and VEB.