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Russian Business and Law News

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22.07.2015 14:38

VTB Capital has been touted as the leader in transaction-based revenues in Russia in 1H2015, says a report by Thomson Reuters.

22.07.2015 14:31

Russians are beginning to increase spending as a sign of the recovering economy amid ongoing sanctions, persistent inflation and a freeze on pay rise, says a survey by Nielsen.

17.07.2015 16:07

Inflation will grow faster than wages in 2015 in Russia, according to VTB Bank.

17.07.2015 15:52

Chinese carmaker Lifan has launched construction of a plant in Russia to improve its competitive edge on the local market.

17.07.2015 15:48

The rating agency Moody's has upgraded UniCredit SpA's long-term deposit and senior debt ratings to 'Baa1'(from 'Baa2') and affirmed the short-term 'Prime-2' ratings at the same time, says a press release.

18.07.2015 15:38

In 1H2015, Russian Agricultural Bank (RusAg) provided around RUR 115 billion in loans to agricultural producers for seasonal field works.

17.07.2015 15:36

The Federation Council Committee for Agrarian and Food Policy and Environmental Management decided to back Russian Agricultural Banks operations as a whole and praised the Banks active participation in implementation of the State Program on Agribusiness Development.

17.07.2015 15:31

Otkritie and QIWI Group have closed a deal where Otkritie has acquired a 9.3 percent share in QIWI and QIWI a 100 percent share in SAER, a holding company that owns Rapida and CONTACT payment systems.

17.07.2015 15:26

The 20th Saint Petersburg International Banking Conference brought together 300 speakers from 17 countries who discussed the most pressing banking and financial issues.

16.07.2015 11:25

Russia purchased $200 million worth of food from South Africa, according to the republics foreign minister.

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