banking

Europe’s biggest economy faces wave of bankruptcies — banking chief

Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive…

2 years ago

Russian who became millionaire due to banking error sentenced to six years behind bars after spending on property, cars & travel

According to the prosecutors, Roman Yurkov made 220 different transactions on the night of June 1, 2020, after discovering a…

3 years ago

Australian banks ‘urgently investigating’ after online banking apps stop working

Commonwealth Bank, Westpac, and ANZ are working to restore online banking services that have reportedly stopped functioning across the country. “We’re…

3 years ago

Russia may be cut off from SWIFT banking payment system as part of West’s ‘spiral of sanctions,’ warns country’s foreign ministry

“It's no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said…

3 years ago

Taxi of the future? Russian banking giant Sber enters driverless race with fully autonomous, eco-friendly car

Dubbed FLIP, the project represents the latest, fifth generation of self-driving vehicles, meaning it’s fully autonomous and has neither driver’s…

3 years ago

Russia among TOP 10 countries leading global digital banking revolution

The so-called global benchmarking study on digital banking maturity provided a comprehensive outside-in ’mystery shopper’ assessment of 318 retail banks…

4 years ago

Break the mortgage bubble in Moscow threatened to crash the banking system

The blast of the mortgage bubble would create an unprecedented crisis in the banking system of the country and will…

5 years ago

Deputies of the state Duma and the banking community will look to reduce mortgage rates to 8%

Volodin: the state Duma and the banking community will look to reduce mortgage rates to 8% Deputies of the state…

5 years ago

The plan of the Central Bank to rescue the banking sector began with the failure

The Central Bank failed to sell at public auction sanitized Asian-Pacific Bank (ATB), said in a statement on the regulator's…

5 years ago

Moody’s analysts expect the growth of the Ukrainian banking system

The credit status of Ukrainian banks will improve over the next 12 - 18 months, analysts say.International rating Agency Moody's…

6 years ago