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Islamic banking to be legalized in Russia
The project discussion is scheduled for this autumn.
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More than half of Russians increased their spending in H1 2022
According to an online survey conducted by Otkritie Bank on July 1-7, 60% of Russians began to spend more than before in March-June 2022.
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Most Russians have no intention to buy dollars
Most Russians have no intention to buy dollars, even after lifting restrictions on their purchase
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Central Bank of Uzbekistan issued 200,000 soum banknote
The banknotes are printed on protected paper, with the face and reverse sides covered with a special varnish.
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Russians’ Rub3bn worth debts written off out-of-court
The out-of-court bankruptcy mechanism was launched in Russia in September 2020.
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Russians received 12 million bank cards year to date
Banks attribute the growing demand for bank cards, including plastic ones, to the departure of Visa and Mastercard from Russia.
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Russia lifts all COVID-related restrictions
Rospotrebnadzor says the restrictions may be re-imposed if the epidemiological situation worsens.
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Russian miners earned about $1 billion in 2022
The total revenue of miners of all cryptocurrencies in Russia may reach $626 million in the first half of 2022, and $964 million in 2022 as a whole.
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Russian State Duma Committee prepared Islamic banking draft law
The law on Islamic banking may be adopted as early as this autumn.
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Bank of Russia presents new 100-ruble banknote
The banknote is made in olive-orange colours and bears a QR code leading to the page of the Bank of Russia, where detailed information about the decoration and signs of authenticity is available.
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Bank of Russia may oblige banks to repay customers’ money stolen by fraudsters
The Central Bank proposes a new double-check mechanism to oblige banks to repay stolen money in full. Back in April, the regulator recommended that banks start to implement it.
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Russian State Duma adopts law on CFA taxation
The law will come into force from the day of its official publication.
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Uzbekistan will develop e-commerce together with MasterCard and Visa
Minister of Information Technologies and Communications of Uzbekistan Sherzod Shermatov signed memoranda on cooperation with MasterCard and Visa in digitalization and development of the IT sector of the republic.
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One third of Russians opt for traditional money saving methods
Sinara Bank analyzed which banking services and facilities citizens plan to use till the year end.
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Ruble rate targeting may pose risk for Russian economy
Russia’s central bank Deputy Governor Alexey Zabotkin says that the ruble exchange rate targeting is dangerous, since it carries risks for the economy and sovereignty of Russia.
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Russians will allocate up to Rub200bn from closed deposits to new mortgages
VTB predicts that the bank's customers will reallocate most of the money from closed deposit accounts to newly opened ones.
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Loans are now available through Fast Payment System
The Faster Payment System starts gaining a high popularity, and now it is going far beyond mere transfers to a bank account by phone number.
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Instant Payment System launched in Kazakhstan
A number of Kazakhstan banks including Sberbank, Eurasian Bank, Jusan Bank and Halyk Bank have already joined the IPS.
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New payment method with Mir cards will appear in Russia
Russian Standard Bank participates in the development of a new payment method. Otkritie Bank also intends to implement it.
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Russians named main parameters of ideal bank
The survey showed that the interests of the population are mostly focused on saving money and looking for new card product propositions.