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16% of Russians keep savings in cash at home
Most of those surveyed are ready to use savings to pay off their loans.
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Bank of Russia cuts key rate to 17%
The regulator’s board of directors decided to cut the key rate by 300 basis points from April 11, 2022.
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The International PLUS-Forum “Banks and retail. Digital transformation and interaction”: soon in May!
The event supported by the Central Bank of the Republic of Uzbekistan will take place in Tashkent on May 25-26.
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VTB repelled half million fraudsters’ attacks since beginning of year
VTB prevented 500,000 fraudsters’ attempts to steal money from customer accounts in Q1, which is 40% more than a year ago. The total value of safeguarded funds amounted to 5.6 billion rubles, almost twice as much as a year ago.
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Interros acquires Rosbank from Societe Generale
Interros will acquire the entire stake of the French banking group Societe Generale in Russia's Rosbank and its insurance business.
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People's Bank of Uzbekistan to install 1,800 ATMs throughout country
The bank is also instructed to develop an application with access to public services and pension funds.
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Kazakhstan launches first official cryptocurrency exchange
With regard to banking transactions with other crypto exchanges, the current regulatory requirements have been retained in force. In particular, the responsibility of banks for developing an internal procedure for refusal to conduct transactions with unsecured digital assets has been retained.
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Russia and Belarus cancel roaming charges for incoming calls
The reduction in roaming charges resulted in the 15% growth in the number of Russian telecom operators’ subscribers using cellular services when in Belarus, while the number of incoming and outgoing calls increased by 1.5 and 2 times, respectively.
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Russians make payments through ‘Pay with Glance’ service more often
The service is getting increasingly popular, and its popularity will keep growing in the near future.
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Financial literacy of Russians grows during past four years
The level of financial literacy is growing primarily due to the skills of short-term planning, family budget management, personal finance control and the ability to save.
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Bank of Russia eases restrictions on transfers of funds abroad for individuals
The Central Bank has set new thresholds for the amount of money transfers abroad for citizens for the next six months, the regulator reports.
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Bank Saint Petersburg offers deposits in Chinese yuan
A deposit in the amount of 3,000 yuan can be opened for 3, 6 or 12 months.
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Sberbank and X5 Group developed cash withdrawal service at supermarket checkouts
Sberbank and X5 Group, a Russian grocery retailer, have developed a cash withdrawal service available for those making cashless purchases at the checkouts of Perekrestok supermarkets.
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Data leak from Russia’s central bank proved to be fake based on open sources
The Anonymous hacker group opened access to files, being allegedly downloaded from the database of the Central Bank of the Russian Federation, in 48 hours after the “hacking”.
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Cyber-attacks jumped four-fold in Russia
To improve the security of business, experts recommend using advanced XDR capabilities allowing to detect and respond to sophisticated cyber-attacks.
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Raiffeisenbank stays in Russia
As reported earlier, the Austrian Raiffeisen Bank International was considering exiting Russia.
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Russians pay in cash more often
With the changed economic situation, the number of Russians preferring non-cash payments decreased by 5%.
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Court lifts ban on selling Samsung Pay-enabled smartphones in Russia
Last year, Sqwin SA filed a lawsuit to demand a ban on the Samsung Pay operation in Russia.
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Russia’s central bank keeps key rate at 20%
Last time, on February 28, the Bank of Russia decided to immediately raise the key rate from 9.5% to a record 20%, explaining the move by a “dramatic change” in external conditions for the Russian economy.
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Which bank cards and contactless payment services keep working in Russia
The Bank of Russia explained which bank cards and contactless payment services will work while the Russian financial system is under sanctions.