Banks

The Ministry of Finance has sent a draft federal law "On digital currency" to the government, Interfax writes.

Russia's transition to its own systems for the transmission of financial information in the event of a disconnection from SWIFT will complicate the connection of Russian banks with foreign ones and will cost more.

The average limit on credit cards in December 2021 amounted to 82.7 thousand rubles, which is 23% more than a year earlier, and is a record for the entire history of observations.

A large Swiss bank, "Credit Suisse", securitized a portfolio of loans for yachts and private jets of its super-rich clients, selling loans worth two billion dollars.

Since Tuesday, February 1, Sberbank has raised mortgage rates on ready-made and housing under construction by 1 percentage point to 10.3%.

The Russian payment service KogopaRaw (the international name of Golden Crown) should not be allowed to register its trademark in Sweden.

Ukrainian sovereign eurobonds denominated in dollars have fallen in price by about 8% since the beginning of 2022, which is the worst result in emerging markets after Argentina.

Alexander Schellenberg said this on the eve of the meeting of the Foreign Ministers of the European Union in Brussels on Monday, January 24.

Experts record a decrease in the share of foreign capital in the Russian banking sector.

The Central Bank proposed to introduce liability for Russian legal entities and individuals for violating the ban on the use of cryptocurrency as a means of payment.

A group of financiers engaged in illegal banking activities was detained in Moscow.

52% of Russians make transfers through the Fast Payment System regularly, 45% have never used it.

The standard of living of Russians is now on average 30% higher than in the early 1990s, however, the differentiation of citizens' incomes is very significant even among state employees.

Ruble rises against the dollar and the European currency amid high oil prices and renewed investor interest in risky assets.