The head of the Central Bank of Russia Elvira Nabiullina warned that by 2020 the number of Russian commercial banks will be reduced at least twice more. This means the denationalization of the financial and banking sector, but the head of the regulator sees nothing bad in this. The only problem is the opposition of law enforcers, who are deprived of controlled credit institutions. And the tough conflict between the Bank of Russia and the…
The introduction of the digital ruble in the Russian Federation has been postponed indefinitely. The Bank of Russia has decided to postpone the widespread introduction of the digital ruble, which was planned from July 1, 2025, the head of the regulator Elvira Nabiullina said. The new date will be announced later."We will move to the mass introduction of the digital ruble after we have worked out all the details in the pilot and held all…
The Central Bank's payments system collapsed after Roskomnadzor's blocking intensified. The wave of Runet failures that Russia faced in the first months of 2025 amid increased blocking by Roskomnadzor has reached the Central Bank's Quick Payment System.Launched in 2019, the SBP, which allows you to instantly transfer money by phone number, as well as pay for goods and services by QR code, experienced a large-scale "blackout" on the morning of Wednesday, March 26. According to…
Another nomination of Vladimir Putin for the post of Vladimir Putin in the election of Vladimir Putin has absolutely not interested observers. Much more important, from their point of view, is how much money Elvira Nabiullina will pour into Otkritie Bank, what scandals are shaking VEB and what will happen to the banking system next. Boiler room 1. State corporations have won the final victory over the powerless government, which can do nothing about the…