SOCHI, Oct 18 (PRIME)
Central bank admits that competition in Russian banking sector lowSOCHI, Oct 18 (PRIME) -- Competition among Russian banks is not very strong, and the central bank’s purge of the sector from bad players is one of the reasons for that, the regulator’s Chairwoman Elvira Nabiullina said on Thursday during a forum.
Source: Sberbank, VTB to design plan to create airline by 2019
MOSCOW/SOCHI, Oct 18 (PRIME)Russia’s two biggest lenders Sberbank and VTB are developing a business plan to create an interregional airline and plan to finish the work until the end of 2018, a source familiar with the matter told PRIME on Thursday.
JODI: Russia world’s second largest oil producer after US in Aug
MOSCOW, Oct 18 (PRIME)Russia’s daily oil output remained flat on the month at 10.654 million barrels per day in August, the world’s second largest figure after the U.S. with 10,961 million barrels per day, the Joint Organizations Data Initiative (JODI) said in a report on Thursday.
GV Gold’s output rises 50% to 92,500 ounces in July–September
MOSCOW, Oct 18 (PRIME)Gold output of GV Gold rose 50% on the year and 27% on the quarter to 92,500 ounces in July–September, the company said in a statement on Thursday.
Cbanker says cryptocurrency fever cooling down globally
SOCHI, Oct 18 (PRIME)Cryptocurrency fever is cooling down across the globe, and business exploits new technologies with greater caution, Russian Central Bank Chairwoman Elvira Nabiullina said on Thursday at a forum devoted to financial technologies.
VLADIVOSTOK, Sep 13 (PRIME) -- Russian Post’s new strategy envisages increasing revenue by 80 billion rubles to over 270 billion rubles by 2023, CEO Nikolai Podguzov said in an interview with PRIME on the sidelines of the Eastern Economic Forum on Thursday.