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Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates
... growing. Learn about historical examples, global cases, and practical strategies to safeguard your finances in uncertain times.
Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates
With the Central Bank of Russia raising its key interest rate to 21% and forecasts suggesting it could climb to 23% by December, high deposit rates have become attractive for many Russians. Deposits are widely considered a reliable way to preserve capital. However, rising interest ...
Fintech in Russia: what is it and examples of companies
... project's closure in 2020, it contributed to the development of fintech in Russia by popularizing the concept of a bank without branches. Rocketbank became known for its user-friendly app and fast service.
Alfa-Bank (Alfa-Laboratory)
Alfa-Bank, one of the largest private banks in Russia, is actively developing its fintech products through the Alfa-Laboratory project. As part of this platform, the bank is developing new digital services for the convenience of users: mobile applications, online banking, and financial management ...
Economic Events and Corporate Reports — August 6, 2025: Reserve Bank of India rate, inflation in Russia, and reports from Disney, Uber, McDonald's
... in German industrial orders provide insights into the state of Europe's industrial sector: an increase in orders would bolster optimism regarding the EU economy, while a decline could heighten recession fears and influence the euro's exchange rate.
Bank of Russia Meeting Minutes
16:00 (MSK)
– The Bank of Russia will publish the minutes from its last key rate meeting. The document will reveal details of the discussions among the central bank's leadership and the tone of their views regarding the economic ...
What is the Digital Ruble in Simple Terms and How Will It Change Life in Russia?
The digital ruble is a new form of currency developed by the Central Bank of Russia, existing exclusively in electronic format. In this article, we will thoroughly explain why the digital ruble is being introduced, where and how it will be applied, and what advantages it will bring to citizens and businesses. Discover how this ...
Economic Events and Corporate Reports - Friday, July 25, 2025: EU-China Summit, CBR Rate, Durable Goods Orders (USA)
On July 25, 2025, the economic landscape will be significantly shaped by several key events. On this day, the Central Bank of Russia (CBR) will announce its decision on the key interest rate, a move that could profoundly impact the financial markets and lending conditions for businesses and individuals. Additionally, a China-EU summit will convene, addressing critical issues ...