Banks

The onset of a global economic crisis is unlikely, said the head of the Central Bank Elvira Nabiullina in an interview with RBC.

Following the meeting of the Board of Directors, the Bank of Russia raised its key rate for the fourth time in a row, this time by one percentage point at once - to 6.5% per annum.

Over 50% of the Russian population use ATMs a couple of times a year, and a third of Russians have completely abandoned ATMs, according to a survey by the Otkritie group.

The share of young people in the total amount of overdue debts of Russians transferred to collectors jumped 2 times over the year to 20% in the first quarter of 2021, according to the National Association of Professional Collection Agencies.

According to the president of the Institute of World Economy and International Relations named after E.M. Primakov, disconnecting Russia from the SWIFT payment system would destroy the entire system of world trade.

The World Bank has improved its forecast for Russia's GDP growth in 2021 and 2022 for the third time - now international economists expect the Russian economy to grow by 3.2% every year.

Banks' foreign exchange liabilities exceed their foreign exchange reserves in April by $ 15 billion, as follows from the statistics of the Central Bank of the Russian Federation.

According to the financial analyst, in the coming years, the dollar may fall in price up to 60 rubles due to changes in the global cycle.

Most of the mortgage loans in March were taken by residents of Moscow, the Moscow region and St. Petersburg, according to the latest data from the Central Bank of the Russian Federation

The number of transactions through the Russian analogue of SWIFT doubled in 2020 as the US and EU threats to disconnect the Russian Federation from international settlements grew.

On April 16, the Bank of Russia canceled the license of Nordea Bank, which was one of the first banks in the history of Russia, created in 1994.

Plastic cards will become a rarity by 2025. This was stated by the first deputy chairman of the board of Sberbank Alexander Vedyakhin.

Russia may be disconnected from the American global payment systems Visa and MasterCard.

Norway's sovereign wealth fund, which has 1.3 trillion dollars in assets, made its first investment in green energy: it agreed to buy from Danish company Orsted a 50 percent stake in two 752 megawatt Borssele wind farms 1 and 2.