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Financial results of TBank and Rosbank for 10 months of 2024, and what this means for investors
The financial results of TBank and Rosbank for 10 months of 2024 demonstrate stable growth: TBank's net profit under RAS increased to 50 billion rubles, and Rosbank's to 46 billion rubles. These indicators reflect the successful development of both banks this year and indicate their financial ...
U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
The US Treasury has temporarily cleared energy-related transactions with a number of Russian banks, including Sberbank, VTB and Rosbank. The decision, which is in effect until April 30, is intended to maintain the stability of international energy supplies. The founder of Open Oil Market sees this move as an important temporary tool for strengthening market confidence and maintaining ...
The United States has allowed transactions with Russian banks in the energy sector: what does this mean
... significance of this decision for international trade relations.
The U.S. Treasury Department has temporarily eased sanctions on energy-related operations for several Russian banks, including the Central Bank of Russia, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also lifts sanctions on Prominvestbank. The measure allows for the continuation of transactions related to the supply of oil, gas, and other raw materials.
This move demonstrates the flexibility of ...
Updated List of Systemically Important Credit Organizations: What It Means and Its Impact
... approved the list of systemically important credit institutions (SICI) without any changes. The list includes the largest banks in the country, such as Sberbank, VTB, UniCredit Bank, GPB Bank, Sovcombank, Alfa-Bank, Moscow Credit Bank, FC Otkritie Bank, Rosbank, TBank, Promsvyazbank, Raiffeisenbank, and Rosselkhozbank. But what does this status mean for the banks and their clients? Let’s delve into it.
What Are Systematically Important Credit Institutions (SICI)?
Systemically important credit institutions ...