In 2018 the volume of Rosselkhozbank (RSHB) investments in the country's agro-industrial complex reached a record figure of 1.2 trillion rubles. (+ 6% by 2017). This is reported by the Ministry of Agriculture of the Russian Federation with reference to the head of department, Dmitry Patrushev, who held a meeting of the supervisory board of the bank on January 31. According to him, RSHB increased lending of seasonal work by more than 20%, the issuance of long-term loans in the agro-industrial complex grew by almost 11%. In 2019, Patrushev expects the RSHB to continue its sustainable growth and active participation in supporting the industry. Chairman of the. Read more...
CEOs at Russian companies identify 13 of the biggest issues businesses face in 2017, from geopolitical concerns to climate change. Among Russian CEOs included in the poll, 82 percent see volatility in the ruble’s exchange rate as the biggest threat to their businesses. Source: Igor Russak/RIA Novosti Geopolitical instability, excessive government regulation and volatility in the ruble’s exchange rate are among the main issues cited by Russian CEOs as potential threats to businesses in Russia and internationally. PricewaterhouseCoopers (PwC)polled heads of leading international companies about key trends in the global economy in. Read more...
Funds from Islamic banks will be used for infrastructure projects in the country, Sergei Gorkov, head of Vnesheconombank, said during the Kazan Summit on May 20. “The issue of investment in infrastructure in Russia is very important, and the Russian economy could really use Islamic finance,” Gorkov said, adding thatRussia is expected to close its first deals to attract Islamic capital in the autumn of 2016. Yunus-Bek Yevkurov, president of the Muslim-dominated republic of Ingushetia, said Vnesheconombank, Russia’s largest development institution, has already funded some halal industry projects in the region. Russian banking legislation would have to. Read more...
Around 90 percent of the investments in Russia in the past year are the resources of the Asian market, Russian President Vladimir Putin said in an interview with the Interfax and Anadolu news agencies on Nov. 13 ahead of the G20 summit in Antalya. "Obviously, cooperation with Asian partners in attracting funds gains special relevance in the current situation. In 2015, approximately 90 percent of investments in the Russian market came from Asia," Putin said. "Several large Russian enterprises are financed by China and we analyze the prospects of public borrowings. Read more...
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