Russia’s financial sector is changing as new infrastructure and development projects materialise, overseas funding is provided to friendly nations, and the landscape changes as regards use of currencies into addition to shifts in the way in which capital is used, from QR codes to Crypto all driving new regulatory and Central Bank guidelines. Navigate Russia’s financial landscape. Get analysis on the banking sector, investment mechanisms, currency exchange, and capital markets for businesses operating and investing in Russia.
Russia’s AGR Holding and China’s Defetoo are expanding their joint venture and completing the technical refurbishment of the former United States-owned GM Motors auto plant in Shushary, St. Petersburg. The equipment has already been installed at the plant and will shortly begin the full production cycle. AGR acquired the GM facility in 2024, where the […]
The Indian shipping regulator has extended the accreditation of four Russian companies providing Protection and Indemnity (P&I) insurance for vessels calling at the country’s ports for one month, according to the Indian Directorate General of Shipping. Russian insurers Soglasie, Yugoria, Sberbank Insurance, and ASTK Insurance have all had their insurance licenses extended to 20 March […]
The creation of a unified Special Economic Zone (SEZ) covering the entire Siberian Federal District, with common tax and investment preferences for each region within it, could become a driver for Siberian development, according to Elena Bezdenezhnykh, the vice president of JSC Rusal Management. She said that “We have 59 SEZs in the country. The […]
The first cryptocurrency transactions could be conducted in normal Russian domestic transactions by the end of this year if the corresponding law is passed, according to Ekaterina Lozgacheva, the head of the Central Bank of Russia’s financial market strategic development department. She said that “We expect that in the near future, when the draft bill […]
The SME services sector in Russia is feeling an economic pinch, as the multiple effects of sanctions, inflation, and high interest rates combine to make certain sectors of the Russian consumer economy distressed. At present, this is being felt by the restaurant trade, with hundreds of small cafes forced to close. It is an early […]
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Part Two of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. From 2022 onward, Russia’s entrepreneurs and companies have been reshaping their foreign economic engagements in response to geopolitical realignments. As Western sanctions constrained access to traditional Western markets, Russia’s business community began to seek deeper footholds […]
The Russian State Duma has ratified amendments to four Russian-Bangladesh intergovernmental loan agreements related to the construction of a nuclear power plant in Bangladesh. Russian Deputy Finance Minister Vladimir Kolychev stated that “The amendments were agreed and signed to overcome difficulties with settlements in unfriendly currencies for government loans previously provided to Bangladesh. The protocols […]
Iraq’s cabinet has approved an “amicable settlement” with Russia’s Lukoil on transferring oil production operations at the huge West Qurna 2 field to the Basra Oil Company. The agreement concerns invoices and the employment of foreign personnel certified by an authoritative external auditor, the cabinet said in a statement. The transfer has occurred in line […]
There has been a lot of noise about the Russian economy ‘collapsing’, and especially in speeches made last week by several European politicians. But is it? Here are nine Russian January 2026 economic indicators: Other Dubious Statements About Russia There were also several dubious statements made by European leaders in terms of describing the […]
Part One of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. The Gulf Cooperation Council (GCC) region has emerged as one of the most strategically contested economic theaters of the 2020s. No longer defined solely by hydrocarbons, the Gulf today represents a global capital allocator, logistics nexus, […]
Russia’s Tuva Republic has been examining the viability of the proposed Kyzyl-Kuragino railway line project, which would link Tuva with Krasnoyarsk Krai and the Russian railway network, with calculations as to how much freight such a route would attract via access to China and Mongolia. The railway is estimated at 412 kilometres in length and […]
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