Russia’s financial sector is in recovery from the 1998 crisis and banks are keen to gain an edge by using customer relationship management. But, as Wendy Atkins explains, first they must do their homework.
Central & eastern Europe
Latest articles from Russia
Full of promise
March 3, 2004Russia’s bond market got off to a magnificent start in January with Gazprom’s record-breaking issue and it looks set to continue in a similar vein. Ben Aris asks if anything can hold it back.
Banks join party
March 3, 2004The rise of the rouble against the dollar and falling bond yields have encouraged some banks to issue Eurobonds for the first time. Ben Aris reports.
Moscow’s muscle
March 3, 2004Moscow City continues to dominate Russia’s regional bond market. With its infrastructure in need of rebuilding, the issue pipeline is looking promising. Ben Aris reports.
Pension plan stalls
March 3, 2004
The Kremlin has shifted emphasis away from encouraging growth, which is now strong, to tackling pressing social problems like pension reform. Ben Aris finds out that, although a good plan has got off to a bad start, there is hope for the future.
Marina is standing outside the Valentino shop in tears. She received her monthly Rbs400 pension ($15) yesterday but lost her avoska, the occasional shopping bag that all Russians used to carry, along with her purse.
Market forces
March 3, 2004Since its collapse in 1998, Russia’s domestic bond market has made a spectacular comeback. Rosbank chairman Alexander Popov talks to The Banker about its future.
The ratings game
March 3, 2004Russia’s straddling of the investment grade and high-yield ratings is an illustration of the contradictions within the country. Ben Aris reports that its macroeconomic success story is not yet fully supported by the political foundations it requires.
Russia indicates change of lanes
March 3, 2004Is Russia’s aim of doubling its economy by 2010 through special economic zones realistic? Ben Aris reports.
Deutsche Bank buys into UFG
January 5, 2004Ben Aris spoke to the Russian bank’s CEO about the rationale behind the deal and the outlook for Russia.
Russians lead on speed
January 5, 2004Russian banks dominate the top ranks in The Banker’s first analysis of the fastest growing Europeans.