From October 10, 2008, tariffs for credits on Visa Absolut cards of Absolut Bank will be raised from the present 16 % up to 20 %. In general, the interest rates on the bank’s credit card products have been raised, on the average, by 3-4 %.
Experts from the Federal Antimonopoly Service (FAS) have presented an updated version of the decision, which determines possibility of conclusion of agreements between banks and insurers.
IVK-Systemshas installed in Sitronics Smart Technology Company (Zelenograd) the most modern full-function complex for manufacture and personification of plastic cards – MX6000 from Datacard.
As Vladimir Gamza, First Vice-President of the Association of Regional Banks of Russia, said at the Fraud in Banking Sector Conference, already in 2008, the number of computer information-connected crimes (for example, write-offs from clients’ accounts) can reach a 10 thousand level (compared with 3 520 such crimes registered in 2007).
Discussion of the bill «On the activity of accepting payments from physical persons carried out by payment agents» scheduled for September 19, 2008, was removed from the agenda on the request of Deputy Pavel Medvedev.
Deposit Insurance Agency(DIA) can raise the insurance compensations on bank deposits from the existing level of 400 thousand rubles up to 700-800 thousand rubles.
NAIRIT, public noncommercial association, has carried out a sociological research to evaluate the efficiency of the state policy of the Russian Federation in the sphere of innovations.
By the results of an independent research of RBC-Rating and moneyguide.ru, as of July 1, 2008, Alfa-Bank was the second (after SBERBANK of the Russian Federation) by the number of its plastic cards in circulation.
Community of five cellular telecom operators in Europe and North America integrated with the purpose to establish common global standards and rules in the field of on-line payments.
The Bank of Russia does not see any necessity to introduce restrictions on transborder capital transactions, said Sergey Ignatyev, Head of the Central Bank.
According to the Ministry of Finance of the Russian Federation, SBERBANK of the Russian Federation, VTB and Gazprombank will be offered money from the federal budget for three- and over month deposits.
KIT FinanceInvestment Bank managed to avoid bankruptcy. On September 17, 2008, the bank, which owes about 10 billion rubles to its counterparts, received financial support from VTB and Gazprombank. Besides, within the next few days the control packet of shares of KIT Financewill be sold to management company Leader.
On September 18, 2008, the National Banking Council (NBC) intends to consider at its meeting the project «Main Guidelines of the Uniform State Monetary-credit Policy for 2009 and the Period of 2010-2011».
