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In H1 2020, Russian banks notably increased the volume of corporate lending. This was facilitated by an increase in demand for borrowed funds from enterprises due to a drop in revenue; regulatory measures of the Central Bank that stimulate soft lending; a drop in interest rates as a result of...
Persistent link: https://www.econbiz.de/10013235230
In 2023, the Russian market of payment systems keeps evolving at a rapid pace. Improvements in technology and updates of the regulatory framework result in major market changes. The confrontation between traditional banks and new fintech actors, as well as increasing competition between payment...
Persistent link: https://www.econbiz.de/10014349320