According to the law adopted last year, to open a branch in Russia, a foreign bank must place a minimum guarantee deposit with the Central Bank in the amount of at least 1 billion rubles. The draft ...

MOSCOW. July 3 (Interfax) - Russia's Transport Ministry has drafted a bill that envisages creating a national fund to ensure preparedness and to eliminate the consequences of oil and petroleum product ...

ST. PETERSBURG. July 3 (Interfax) - The Central Bank of Russia's board of directors will likely consider a key rate cut at its meeting in July, and discuss the size of such a step if current trends ...