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.
An Islamic bank may open for services in Russia in 2026, according to Anatoly Aksakov, the head of the State Duma Committee on the Financial Market and chairman of the council of the Association of Banks of Russia. He stated that “We are now actively working on creating an Islamic bank in Russia. We are […]
The Chinese Ambassador to Russia, Zhang Hanhui, has been interviewed in Russian media, commenting on numerous bilateral issues, including the joint development of hi-tech products, cross-border finance, joint aircraft manufacturing, tourism, and the prospects of a joint lunar base. This is what he had to say: Q: “Russian-Chinese cooperation has broad prospects in the field […]
The 3rd Meet Global MICE Congress (MGMC) 2025 took place on December 17–18 in Moscow, under the theme “Unity through Open Diversity: New Opportunities for Global Growth”, It showcases that Russia is positioning itself as a central node in the evolving architecture of Global South trade, investment flows, and business mobility, with the theme underscoring […]
Sberbank has conducted a pilot loan secured by cryptocurrency mined by Russia’s Intelion Data, the bank has said. Sberbank used its own Rutoken cryptocurrency storage solution in the transaction, which guarantees the asset’s safety during the loan period. Intelion is an active participant in formulating the regulations and development guidelines for Russia’s industrial crypto mining […]
The Russian State Development Corporation, VEB.RF, has provided the first tranche of ₽211 million (US$2.8 million) of a ₽17 billion (US$215 million) project for constructing a cable car between Blagoveshchensk in the Amur region and Heihe in China. It will become the world’s first cross-border cable car crossing, with immigration facilities on both sides. A […]
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The Supreme Eurasian Economic Council (SEEC) meeting in St. Petersburg on December 21, 2025 was not an ordinary summit. It was a defining moment in the economic evolution of the Eurasian Economic Union (EAEU), one that affirmed its central role in shaping economic stability, trade connectivity, investment flows, and macroeconomic governance amid global turbulence. The […]
Introduction: Sanctions vs. Energy Reality Western sanctions were designed to weaken Russia’s economy by cutting off its most important source of revenue: oil and gas. The strategy assumed that restricting Russian energy exports would reduce state income, isolate Russian companies, and force Moscow to change its policies. Several years into this sanctions campaign, the results […]
The Russian President, Vladimir Putin, gave his annual Q&A session on Friday (December 19) in which members of the public as well as Russian and international journalists ask questions. Over 2.5 million people responded, with Putin taking a cross-section of these questions during a four-hour live session. Questions ranged from the Ukraine conflict, to social […]
The Moscow Stock Exchange (MOEX) intends to launch a stock index with securities selected by artificial intelligence (AI) in 2026, according to Viktor Zhidkov, the chairman of the trading platform’s executive board. He said that “We want to launch an index next year, where artificial intelligence will be used to form the calculation base. We […]
Russia’s Fix Price Group is to enter the Serbian market in 2026, the retailer has stated, with the first stores open in Q1 next year. Fixed Price also said that it already has an office in Serbia and that a regional team has been assembled. The company has reported an increase in the number of […]
Japan, which holds about US$30 billion of frozen Russian assets, has refused to seize the Russian assets it holds and send them to Ukraine, despite pressure from the European Union to do so. Japan holds cash reserves that had been previously used to help fund bilateral trade, worth an estimated US$30 billion. Japanese Finance Minister […]
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