Latest articles from Russia

Silver linings

October 4, 2004

Moscow-based Globexbank is one of Russia’s top 10 banks, and the crises of the 1990s and the recent mini-crisis have made it stronger. Ben Aris reports.

Tapping resources

October 4, 2004

With Russia’s banks failing to lend, it’s left to Russian companies to fend for themselves, showing an upturn in project finance.

Bonds hold back

October 4, 2004

Ben Aris reports from Moscow on how the banking crisis and policy changes have all but stalled the domestic bond market.

Hidden layers

October 4, 2004

Ben Aris reports from Moscow on the project finance legal reforms put forward by President Putin that look positive on paper, but in reality are fraught with difficulties.

Proof of worth

October 4, 2004

Ben Aris meets Alexander Levkovsky, Promsvyazbank’s president and chairman of the board, and asks how Promsvyazbank has stormed ahead of its rivals.

A rock and a hard place

October 4, 2004

Ben Aris in Moscow reports on the frustrating situation whereby Russian industry is experiencing a boom but is finding it more than difficult to secure finance from the banks to facilitate the expansion.

Boom and gloom

October 4, 2004

The Russian economy may appear messy but Ben Aris asks whether the future really as bleak as it seems.

Delete New money laundering rules lead to chaos in Russian bank system

August 24, 2004

Russians have seen it all before; when the queues began to form outside banks that were refusing to pay out last month, panic began to set in.
A bank crisis that started in May with the closure of medium-sized Sodbiznesbank threatened to spin out of control after the large retail bank, Guta Bank, closed its doors and a run started on accounts at Alfa Bank, one of the two biggest commercial banks in Russia.

New money laundering rules lead to chaos in Russian bank system

August 2, 2004

Russians have seen it all before; when the queues began to form outside banks that were refusing to pay out last month, panic began to set in.
A bank crisis that started in May with the closure of medium-sized Sodbiznesbank threatened to spin out of control after the large retail bank, Guta Bank, closed its doors and a run started on accounts at Alfa Bank, one of the two biggest commercial banks in Russia.

Russian central bank’s tough stance causes jitters

July 2, 2004

THE CENTRAL BANK OF RUSSIA (CBR) sparked a mini banking crisis last month after it used new anti-money laundering laws for the first time to strip a bank of its licence.

Order The Banker July edition

FREE trial access to Top 1000 World Banks

Join our community

Global Risk Regulator

The Banker on Twitter

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.