The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is ...

The Russian Central Bank raised interest rates to a record high of 21% last year, in an attempt to control inflation, but the ...

Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

Russian workers are increasingly turning to payday loans charging exorbitant interest rates, as they struggle to make ends meet in the growing economic crisis. The Russian Central bank raised ...

Many large companies have complained about high interest rates raising their borrowing costs. Russia's largest mobile ... them to service loans even at current rates," the bank said.

Russian banks' net interest income rose 11% to 6.7 trillion ... which allows them to service loans even at current rates," the bank said. "However, difficulties may arise for some companies ...