Gazprombank Plans to Buy a Stake in Otkritie Bank
Region Group - Rossium (owner of MKB) and Gazprombank (GPB) are interested in buying a block of shares in Otkritie...
Economy
Bank Deposit Most Common Way Russians Save Money for Retirement
Savings made through bank deposits, bonds, investments, endowment life insurance (NSH), or renting out real estate may assist maintain a...
Russia to Spend over 3.5 Trillion Rubles on Defense
Russia's defense expenditure in 2022 will revert to pre-pandemic levels, totaling more than 3.5 trillion rubles, according to RBC, referencing...
Finance Experts Say Investing is Not Necessary Right Now
Russians are considering investing in order to enhance their savings in the face of rising oil stock prices. In an...
Russia Marks Surge of GDP by 3.7% in August
According to Russia's Ministry of Economy, the country's GDP was greater in August than it was before the epidemic. According...
Foreigners in Russia Want Income Tax from Shares to be Halved
The tax on income from investments in the stock market for foreign citizens can be reduced from the current 30%...