... case of stress scenarios and allows for active business growth financing. At the same time, the tax burden on profits from the government has increased. For the first half of the year, the bank accrued around 257.5 billion rubles in profit tax – a quarter ... ... growth and asset quality. Now, following a decrease in the rate to 18% (July 2025), a slight contraction in margins and relief in debt burdens for borrowers is expected in the second half of the year. The outlook for 2H2025 appears balanced overall. On one ...

... concerns among entrepreneurs, as expensive loans stifled investment and consumer demand. The business community and even some government officials had previously publicly called for a more decisive rate reduction, fearing a recession. However, the regulator ... ... 1–6%). This means that the retail credit portfolio is unlikely to increase in real terms: citizens are hesitant to incur new debt due to high rates, coupled with banks tightening borrower requirements. The forecast for corporate lending growth in 2025 ...

.... Use of funds and growth strategy. Understand the intended use of raised funds: scaling production, marketing, development, debt repayment, asset acquisition. The more justified and specific the strategy for fund usage, the lower the uncertainty. Evaluate ... ... track record of business development or successful cases. Having independent experts on the board and implementing corporate governance standards enhance the company's reliability from an investor's perspective. IPO plan or alternative exit. It's crucial ...

... the spotlight. Major funds and corporations are resuming large-scale venture investments, launching new funds and initiatives; governments in various countries are increasing their support for innovation, striving not to fall behind in the global technology ... ... xAI announced the closure of a record funding round: approximately $5 billion was secured in equity and another $5 billion in debt, providing the startup with immense resources for developing its AI platform and data center infrastructure. According to ...

... instance, distress signals may arise in the global economy—revived inflationary pressure may compel the Fed to adopt a more hawkish stance, or a crisis situation may develop in the financial sector (e.g., bankruptcy of a large bank, technical default on government debt, etc.). The regulatory front could also present negative surprises: hypothetically, the SEC could suddenly file a lawsuit related to Ethereum or announce unexpected restrictions on the activities of crypto platforms. Additionally, the crypto market ...