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27-08-09
Sberbank of Russia has developed a citizen card prototype

On August, 26, 2009, at the head office of Sberbank of Russia (Moscow) Jury Golovin, head of the department on managing “Housing and communal services” project gave a briefing on Sberbank’s project – “Social card throughout the country”.

26-08-09
The Bank of Russia has joined the CPSS of the Bank for International Settlements

Since July, 2009, the Bank of Russia has joined the Committee on Payment and Settlement Systems (CPSS) of the Bank for International Settlements.

25-08-09
Dmitry Medvedev: a "good enough" mortgage rate is 6–7 percent

On August, 24, Dmitry Medvedev, the President of Russia, has declared that, in his opinion, banks are quite capable even now to issue mortgage credits at 14 percent. The President has noticed that we could return to the pre-depression level for the next 2–3 years. Thus, he has declared, a "good enough" mortgage rate is not more than 6–7 percent.

24-08-09
Electronic tickets will be completed in Russian

In the near future all Russian airlines will be obliged at drawing up electronic tickets to give the information only in Russian.

24-08-09
TransCreditBank starts accepting Сhina UnionPay cards

In the middle of August, 2009, TransCreditBank starts rendering a service of cash withdrawing to China UnionPay (CUP) cardholders.

18-08-09
Payment system "Gorod": informing of tax liability

Federal payment system "Gorod" ("City")  and Department of Federal Tax Service of Novosibirsk region have offered inhabitants of Novosibirsk a new service – informing of tax liability for transport and land taxes as well as individual property tax.

07-08-09
Bank of Russia has lowered the official bank rate

On August, 7, 2009, the board of directors of the Bank of Russia has made a decision to decrease the official bank rate by 0.25 percent to 10.75 percent since August, 10, 2009.

06-08-09
NBRB: bankruptcies are not expected in the country banking system

“The National bank of the Republic of Belarus (NBRB) does not expect bankruptcies in the country banking system in the near future”, - said Pavel Kallaur, the first deputy of chairman of the board of NBRB.

05-08-09
Sberbank of Russia is buying one more credit bureau

The Federal Antimonopoly Service (FAS) has informed about receiving the application for purchasing 50 percent of voting shares of "Experian-Interfax" credit bureau from Sberbank of Russia.

04-08-09
Bank of Moscow has implemented the project for acquiring of CUP cards

Bank of Moscow has implemented the project for acquiring  China UnionPay (CUP) cards. Now CUP cardholders can get cash in all АТМs of the bank. These cards have limits for а single cash withdrawal —  10,000 roubles (300 US dollars), but no additional commission for it.

31-07-09
NBRB will keep its prohibition on crediting of individuals in foreign currency after 2011

Peter Prokopovich, the chairman of the Board of the National bank of the Republic of Belarus (NBRB) has declared at its press-conference in Minsk, that NBRB intends to continue dedollarizing the economy.

29-07-09
Ukraine: the number of mortgage lending banks has decreased

From the beginning of the economic crisis Ukrainian banks have increased the cost of secondary housing mortgage loans for individuals. Analytical resource Maanimo.com has conducted a research for 101 banks.

29-07-09
Belarus banks stop conducting debit transactions with credit cards in foreign currency

Priorbank and Moscow-Minsk bank (Minsk, Belarus) have announced their termination of debit transactions conducting with credit cards in foreign currency, since July, 28, 2009.

29-07-09
All economically active Russians are card users

July, 17-20, 2009 analytical centre of Yury Levada (Levada Center) conducted а representative poll “Have you a bank card? Are you going to get it, if you haven’t had it yet?”

28-07-09
Total number of SIM cards, registered in Russia, reached 197 million

In June, 2009, the number of SIM cards, registered in Russia, has grown to 197 million. Now the mobile penetration in Russia as a whole is 138.7%, and in the license zone of Moscow – 191.8%.

27-07-09
In Belarus banks stops issuing loans to individuals in foreign currency

As they say in the degree of the Board of the National bank of Belarus, in the country, banks stops issuing loans to individuals (except to individual businessmen) in foreign currency  till January, 1, 2011. 

27-07-09
Sberbank of Russia: results of the conquest among ATM suppliers

The conquest has been announced on February, 4, 2009. On the second stage the list of conquers was as follows...

23-07-09
Electronic payments system will start functioning in the Chechen Republic In January, 2010

According to Sultan Tagaev the chairman of the National bank of the Chechen Republic, since January, 2010, in the Republic the electronic payments system will start functioning.

21-07-09
Driving licenses in Russia will be with bar codes

Local divisions of Russian traffic police (GIBDD) will start issuing newdriving licences since March, 1, 2011. The corresponding decree of the Ministry of Internal Affairs of the Russian Federation, confirmed in the Ministry of Justice of the Russian Federation, is published in “Rossiyskaya gazeta”. You can find the full text of this document in the “Legislation, initiatives" section on the information portal www.plusworld.ru.

20-07-09
National bank of Belarus makes changes in the e-money operating procedure

The National bank of Belarus is preparing a new decree about rules for working with e-money. It creates the legal frameworks which is necessary for working of the national e-currencies exchanger in the country.
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