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03.11.2009, 13:03

Evroset to take S7 ticket payment as move beyond mobiles picks up strength

Mobile phone retailer Evroset will take payment for tickets on domestic Russian air carrier S7 Airlines, under an agreement unveiled on Tuesday.

31.10.2009, 17:24

Mooted Russian gold sales in support of local companies and budget

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Upmarket hotels weather industry downturn

The Moscow hotel market has been one of the fast growing markets in the world. A huge deficit of rooms and rising demand has allowed existing hotels to monopolize but the crisis may have had some positive effects.

05.11.2009, 10:36 1 comment

Government holds to conservative GDP outlook while economists see upside

Russia's government is predicting a modest 2% GDP growth next year. But many independent economists say the figure could actually be more than double that.

15.04.2010, 13:24 1 comment

India fighting for role in global economy

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02.11.2009, 13:58

Uralsib posts 1H 2009 Net Loss of 904 million Roubles

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Dmitry Medvedev (AFP Photo / Natalia Kolesnikova) 12.11.2009, 14:36 8 comments

Down-to-earth problems at the core of Medvedev’s second address

On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.

12.03.2010, 14:39 5 comments

Russia to bridge budget deficit with bond issue

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01.06.2009, 22:02 6 comments

IMF predicts sharp contraction as private funds desert Russia

The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.

Fall in bank loans cuts NPL’s as home lending continues slump

Published: 03 November, 2009, 15:21
Edited: 03 November, 2009, 20:34


RT Photo / Irina Vasilevitskaya

A 2% fall in overdue corporate loans in September, on the back of a strengthening Rouble, has helped reduce the non performing loans of Russian banks for the first time in a year.

 
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