... still envision a rosy picture in which a certain amount is deposited in the bank, allowing the depositor to live off the interest, travel, and indulge in life's pleasures. Since the Soviet era, many individuals have been under the impression that investing funds in bank deposits guarantees a worry-free life or even a secure retirement. Even today, people envision an idyllic scenario where a specific sum is deposited in a bank, leading to a life of leisure supported by interest earnings, travel, and few restrictions ...

... Alfa-Bank also offers business solutions for accepting payments and lending to small businesses. T-Bank (Tinkoff) T Bank is one of the most famous online banks in Russia. It provides a full range of financial services - from lending and current accounts to investments and insurance. Tinkoff Bank operates exclusively through a mobile application and online banking, focusing on user convenience and fast service. Prospects for Fintech in Russia The Russian fintech sector continues to develop rapidly, attracting investment and government support....

... inflation? In simple terms, we explain how the Central Bank regulates economic activity, curbs price growth, and maintains stability in the economy through changes in the key rate. Find out how raising or lowering the rate affects consumer spending, investment, and the overall economic situation. How does the key rate affect inflation? The Central Bank's key rate is the main tool for regulating inflation. It affects the cost of loans, savings, and spending in the economy, which helps either speed up or slow down price growth. Let's take a closer look at how it works. 1. Raising the key rate and ...

... certificate has its weaknesses: Risk of Theft or Loss. Since the security is non-personalized, anyone who comes across it can utilize it. Therefore, it is the owner's responsibility to ensure the document's security. Otherwise, there is a risk of losing all invested funds. Some banks offer free storage of certificates within their premises. No Insurance. Savings certificates do not fall under mandatory insurance. If the financial institution goes bankrupt before the certificate’s expiration, recovering the funds becomes impossible....

... could trigger currency depreciation, heightened market instability, and surging inflation. How to Protect Your Savings: Practical Strategies If you believe the risk of a deposit freeze is high, consider these steps to safeguard your finances: Diversify Investments: Avoid concentrating all your savings in one bank or asset class. Spread your funds across various financial instruments, such as bonds or mutual funds. Invest in Hard Assets: Precious metals like gold and silver offer long-term security and stability. Explore Foreign Investments: If possible, allocate ...