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 consumer preferences. Find out how this will affect the availability of loans, what consequences await the market, and what to expect in the coming months. Why Russian Banks Sharply Reduced Credit Card ...

... aimed at stabilizing the economy. Optimizing portfolios with a focus on resilient assets, high-yield bonds, and protective instruments can help navigate the current economic challenges and minimize risks. As long as the central bank maintains a high key rate, investors in Russian assets should balance the prospects for high interest yields with the risks associated with domestic demand and inflation.

... –283 billion rubles in H1 2025 compared to –623 billion rubles a year earlier. This indicates that the influence of non-core factors on financial results is still negative, but with less intensity by half. The volatility of this category remains high—changes in exchange rates or interest rates can noticeably affect Gazprom's financial results under RAS regardless of operating profit. For investors from the CIS, it is crucial to understand that such exchange rate and one-off items are largely paper-based: they reflect current ...

... faring, while AMD and Amgen's results after hours will provide guidance on technology and biotech sectors. The diverse financial metrics slated for Tuesday will help assess whether a balance persists between robust consumer demand and pressures (such as high rates and inflation). Wednesday, August 6, 2025 Key Economic Events: 07:30 (India): Reserve Bank of India’s decision on the key interest rate. An unchanged rate is expected; however, the regulator's comments will clarify its assessment of inflation and economic growth in India. 09:00 (Germany): Industrial Orders for June. An indicator of demand for goods in Germany's manufacturing ...

... monitor the market and compare offerings from different financial institutions, which can be easily found online. However, the interest rate is not the only parameter to consider when choosing a financial institution. It is also essential to verify the presence ... ... banks offer attractive conditions, but to place a deposit, customers may need to traverse a considerable distance, which is highly inconvenient. The financial institution should have a sufficient number of ATMs and branches, allowing for the quick withdrawal ...