The suspension of family mortgage programs by large banks such as VTB and Sberbank has caused concern among potential borrowers. In this ... ... The recent hike in the key rate to 21% places significant pressure on the financial sector. Banks are compelled to reevaluate their lending conditions since long-term loans... ... Considering Increased Rates. Before taking out a mortgage under standard terms, it’s important to carefully evaluate your financial capabilities. Consider different scenarios:...

... technologies and financial services to create new, convenient solutions in the financial sector. Fintech companies develop and implement innovations that make fast transfers... ... and loans, online insurance and other financial products possible without traditional bank intermediation. The main areas of fintech include payment systems, lending, investment... ... without physical branches and focused on convenience and ease of use. Despite the project's closure in 2020, it contributed to the development of fintech in Russia by popularizing...

... our article. Economic Events and Company Reports – Tuesday, August 5, 2025 – U.S. PMI Indices and Trade Balance Tuesday, August 5, 2025, will bring a series of significant... ... companies to assess the state of the global economy and the prospects for specific sectors. The combination of these factors will form the informational backdrop for the... ... Australia – Services PMI (July) – 02:00 MSK. Japan – Publication of the latest Bank of Japan meeting minutes – 02:50 MSK. Japan – Services PMI (July) – 03:30...

Russia's Ministry of Economic Development forecasts a 51% increase in average wages by 2028.... ... Heightened consumer activity will support the expansion of retail trade and the service sector. Stronger consumer demand will also support GDP expansion, making the domestic... ... amid constrained supply can also stoke additional inflationary pressure. The Central Bank will likely maintain a tight monetary stance until a clear downtrend in inflation...

... cooperation and the development of new projects. Should sanctions be lifted or eased, significant opportunities would arise for banks in Europe and the U.S., as the Russian market remains attractive for long-term investments. Investor Interest For global investors, this potentially ... ... and strengthening the position of the Russian ruble. Outlook for the Russian Market Strengthening the Ruble and the Financial Sector If sanctions are eased, one can expect the ruble to strengthen, as the influx of investments and the resumption of international ...