What is the Central Bank's key rate and how does it affect our daily lives? In simple terms, we will explain why the Central Bank sets the key rate, how it helps control inflation, stimulate the economy and affects loans, deposits and prices of goods. This article will help ...

Russian banks have begun to sharply reduce the issuance of credit cards, which has caused a wave of discussions among experts and consumers. In this article, we analyze the reasons for this trend: from high interest rates and Central Bank restrictions to changing ...

The Central Bank of Russia has taken a significant step towards strengthening the country's currency market by purchasing the Saint Petersburg Currency Exchange. How will this affect currency transactions, what will the new platform give the Central Bank, and what ...

... choose a financial institution with a solid reputation that won’t collapse after just a few months. In recent years, dozens of domestic financial institutions have gone bankrupt, resulting in significant losses for depositors. So how do you select a bank for depositing your funds? And what can you do to safeguard your money from loss? To navigate the complexities of working with financial institutions, you can seek assistance from Sergey Tereshkin, the founder of RESURS. This entrepreneur has extensive ...

MTS Bank reported a 7.5% increase in net profit for the first 9 months of 2024, reaching RUB 11.9 billion. A significant increase in interest and commission income, as well as high operational efficiency, strengthen the bank's position and increase its attractiveness ...