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Official: London is no safe haven for Russian capital any more

MOSCOW, May 21 (PRIME)
The British parliaments report calling for tighter sanctions against Russia is a signal for domestic officials and businessmen that the U.K. is no more a safe haven for their capital, Anatoly Aksakov, head of the financial market committee at the State Duma, Russian parliaments lower house, said on Monday.

FOCUS: MegaFons idea to set up digital firm to help pay debts, other aims

MOSCOW, May 21 (PRIME)
One of Russias major mobile operators, MegaFon, will monetize control in Mail.Ru Group by teaming up with Gazprombank, Rostec and USM Holdings to create a digital services company, and analysts say the operator may use the proceeds to cut its debt.
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MOSCOW, May 16 (PRIME) -- Russias second largest lender VTB plans to boost retail crediting by 17% to 1.1 trillion rubles and retail deposits by 24% to 735 billion rubles, Senior Vice President Andrei Osipov told PRIME in an interview released on Wednesday.
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