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.
The Russian President, Vladimir Putin, has described the Russian economy as resilient in the face of Western sanctions and said that Russia is maintaining economic growth while keeping unemployment at record lows and reining in inflation. He was speaking at the “Russia Calling!” Investment Forum on Tuesday (December 2). Putin said the economy is expected […]
The Saudi–Russia Business Forum, which is currently taking place in Riyadh, is setting the stage to link Russia’s Eurasian ambitions with the entire MENA region, including connectivity with the Middle East and North Africa. As Russia and Saudi Arabia approach the historic milestone of the 100th anniversary of diplomatic relations in 2026, the two countries […]
With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between […]
The Central Bank of Russia is to open a representative office in India, the regulator’s press service has stated, saying “The Central Bank of Russia is looking into opening a representative office in Mumbai, India. This would contribute to solidifying interaction between the two countries’ regulators, as well as developing cooperation in the financial sector […]
The Russia-China Investment Fund has invested US$1.3 billion in over 40 projects over the course of its activity, Russian Deputy Prime Minister Alexander Novak has said. He was speaking at the 7th Russia-China Energy Business Forum in Beijing. Novak stated, “Investment cooperation between Russia and China has been developing largely thanks to the active role […]
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The head of Russia’s Federal Tax Service (FTS), Daniil Yegorov, has stated that Russia has restructured its Double Tax Treaty (DTA) arrangements with other countries, with these now being aligned with countries that provide favorable investment environments for Russian investors. DTAs are bilateral agreements aimed at preventing situations where the same income of a legal […]
Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion. He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is […]
The Mongolian Prime Minister Gombojavyn Zandanshatar, who is visiting Moscow to participate in the Annual SCO Heads of Government summit, has stated that opening a Russian bank branch in Mongolia would help facilitate bilateral settlements. He was speaking with Russian President Vladimir Putin. Such a move would pave the way for an as-yet-unnamed Russian bank […]
The Bazis Group of Companies (recently known as Cloud Platform LLC), the parent company of Russian system software developer Bazis LLC, has been restructured into a Public Joint Stock Company (PJSC), a legal entity used for large-scale enterprises. Companies do this to allow an unlimited number of shareholders to invest in the business by offering […]
In the wake of successful IPOs in Russia over the past two years, another Russian domestic market player has announced plans to list in early 2026. This is WineLab, the retail arm of the Novabev Group, one of Russia’s biggest producers and distributors of alcoholic beverages. The company said in reporting for the first half […]
By Charles van der Leeuw Russia’s return to serious trade and investment on the African continent only seriously took off almost three decades after the breakup of the Soviet Union. The legacy the USSR had left in Africa remained untouched by western powers for a long time, and when China, in 2014, announced its Belt […]
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