Banking - TASS

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VTB 24 head: Isolation of Russia 'disastrous for country'

Russian bank CEO expects about 10% of Russian banks to lose licenses in 2016

Asian Development Bank to disburse $60 mln to Tajikistan for supporting investment climate

Eurasian council of central banks’ heads set up on base of EurAsEC council

Russia intends to expand settlements in national currencies within BRICS — Energy Minister

BRICS Bank will help strengthening common interests, increasing of economic stability, unification, implementing of infrastructure projects, Russian Energy Minister Alexander Novak says

There are no systemic risks in Russian banking sector — Deputy Finance Minister

The level of capitalization of banks and access to liquidity do not cause any concern, Deputy Finance Minister Alexey Moiseev says

Situation in banking sector is absolutely under control — VTB Head Kostin

Earlier, the Head of Sberbank German Gref said that Russia is experiencing a large-scale banking crisis

Sberbank assesses current situation in Russia’s banking sector as massive crisis

According to the bank's CEO, the financial recovery procedure will take another several years due to tightened requirements to capital

Russia’s NSPC payment system and Vietnam’s Banknet signed agreement on integration

Interaction of payment systems is aimed at broadening the acceptance zone of cards issued by Vietnamese and Russian banks

Russian tycoon Kogan closes deal on Uralsib acquisition

The share of the former Uralsib major shareholder Nikolay Tsvetkov was reduced from 97.2% to 15.2%

Uralsib owner Kogan denies information about change of bank’s top management

Earlier, Forbes said that the new shareholder is willing to part with a team of top managers and replace them with their relatives, citing a source at the bank

Russian regulator continues banking license revocations

Uralsib bank shares growth on Moscow Stock Exchange reaches 147%, set historical maximum

The shares grow amid reports that the head of the group Neftegazindustriya Vladimir Kogan concluded an agreement with the major shareholder of Uralsib Nikolay Tsvetkov to acquire 82% stake in the bank

Russia’s Central Bank keeps key rate at 11%

The ruble has accelerated growth after the decision