Investments "from God" are the most sustainable
Investments "from God" are the most sustainable You can work in the financial market with "God's grace." Religious denominations offer adherents investments that are guaranteed to please God and allow…

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Dow Jones. 116 years guarding stock markets
On October 8, 1896, the world first heard the phrase, which today necessarily sounds in thousands of news releases around the world. An index created by renowned journalist Charles Henry…

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Economist: The fact that our companies turn to foreign investors is normal and this is a trend
Agroholding Kuban, which is part of Oleg Deripaska's Basic Element, began negotiations with Chinese and Arab investors and funds in connection with the loss of Western investment. He will be…

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Commission adopted

Banks slip on their own cards

From January 1, the Federal Law “On the National Payment System” will enter into force. The document has claims from the banking community. The project involves obliging banks to return to the client funds withdrawn from a bank card without notice. Bankers predict an increase in fraud, experts expect a rise in the use of non-cash.

The bill “On the national payment system” was developed by the Ministry of Finance and the Bank of Russia in September 2009. The national payment system should become a competitor to the international payment systems Visa and MasterCard in Russia. It has been suggested that the national system could be created on the basis of the URPS, the United Russian Payment System, launched in 2005 by the Central Bank. However, it, like other Russian systems, still occupies too small market shares. In addition, during the readings from the bill, a fundamental point disappeared, obliging the largest operators of the Banking system of the payment system to create processing centers in Russia.

From January next year, the norms of the law “On the National Payment System” should also come into force, according to which banks will be required to return all funds on all disputed transactions to their customers’ cards within 24 hours. Continue reading

Retail wins banking business
Retail wins banking business Last year was the most successful in the history of the retail business of VTB24 Bank. He again entered the top three most powerful banks in…

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Italy suspects Apple of tax evasion
The leadership of the Italian representative of Apple is forced to explain about the possible tax evasion in the country. The prosecutor's office of Milan has already opened an investigation…

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Credit treat for scams
Lending to individuals is growing faster than the corporate borrowing market. In April, the volume of money issued to Russians for personal needs increased by 3.8 percent compared to 2.4…

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Cash makes us even poorer
Do you want, as the grandfather of the heroine of one joke, "so that there are no poor"? Take away their money. In particular, cash - coins and pieces of…

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