The causes of the banking crisis in Russia and East Asian countries have as many similarities and differences. Asian banks, as Russia had taken on increased investment risks, had a high proportion of distressed debt, depended on foreign loans and earned on speculative transactions. Read the rest of this entry »
Russia against the background of the global financial crisis
February 22nd, 2010Bankruptcy Tokobank
February 22nd, 2010According to the agency Thomson Bankwatch, despite the officially recorded in the balance sheet profit of $ 48 million dollars. (284 billion nedenom. Rubles.) Net loss Tokobank at the end of 1997 amounted to 14 million dollars. The report, compiled in accordance with international standards of accounting, testified that the bank lost money in four years of the last five. Read the rest of this entry »
The behavior of banks in crisis
February 22nd, 2010Status of Russia’s banking system at the beginning of 1998 in considerable detail both in official documents and in the work of independent issledovateley1. In terms of assets and the role of financial markets, banks are significantly ahead of all other Russia’s financial institutions. The main quality parameters of the banking system on 1.01.98 as follows. Read the rest of this entry »
Banking System
February 22nd, 2010Globalization of world economy and financial markets have led to significant breakthroughs in the development of the banking system. First, rapidly increased the frequency and magnitude of changes in the economic environment in the world and in individual countries, markedly reduced the degree of predictability. Read the rest of this entry »
Commemorative and Investment Coins Bank of Russia
February 22nd, 2010As part of its emission of the Bank of Russia released into circulation commemorative coins of precious and base metal investment coins and precious metals, which are distributed both domestically and abroad. Read the rest of this entry »
National habits
August 30th, 2009Ministry of Finance and Central Bank have developed a bill creating the National System of payment cards (NBMS).
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What to expect Russia to holders of credit cards?
August 30th, 2009In our country, non-cash payments has never been particularly popular among the citizens. Read the rest of this entry »
About ATM in Russia
August 30th, 2009ATM – is what allows us to silently, quickly and at any time of day to get their own money from your account or make a payment on the loan.
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Expensive credit card
August 30th, 2009Reduced profitability is forcing banks to raise the price of many financial products. This process has not bypassed and bank cards – the cost of the possession of plastic, especially credit, is growing.
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To protect the plastic from fraudsters
August 30th, 2009Association of Regional Banks “Russia” has calculated the amount of fraud on the market of plastic cards. Read the rest of this entry »