Qiwi intends to hold SPO
Qiwi PLC payment system intends to place the second part of depositary shares on the exchange. Experts and traders were waiting for this step, so the news on the market…

Continue reading →

Bookkeeping for beginners
What are the principles of the organization’s accounting? How to properly build her work? Probably, any aspiring businessman who decided to open his own company, but who did not have…

Continue reading →

Find an Idea: Get Money from Water
In English, there is the concept of serendipity. In literal translation, it means intuitive insight. But in business, such a resounding word is used when it comes to a discovery…

Continue reading →

percent

Inglourious end of litigation with Tinkoff Bank

A high-profile litigation between a simple client of a bank from Voronezh Dmitry Agarkov and Tinkoff Credit Systems (TCS) ended in a ceasefire. Dmitry Agarkov, who talentedly “unwound” the bank to grant a loan with a zero interest rate, unexpectedly announced the termination of litigation, thereby dispelling his reputation as a hero that was hardly formed among the people.

The excessively high interest rates that Russian banks are famous for have generated a latent hostility in society towards a credit institution. The heated irritation of the Russians, who were forced to constantly take loans on unfavorable conditions, erupted sharply thanks to Voronezh Dmitry Agarkov. In 2008, an ordinary Russian citizen drew a finger around the employees of Tinkoff Credit Systems (TKS) Bank, drawing up an agreement on his own terms. In the loan agreement, Agarkov indicated a rate of 0 percent, which was not noticed by bank employees when signing the questionnaire. Continue reading

Swiss fortress starved
Swiss fortress starved Switzerland agreed to unveil the secrecy of banking customers. To break the Swiss stubbornness regarding the inviolability of account holders was obtained from the US tax office.…

...

"Banks of time" crowd out money
"Banks of time" crowd out money While economists around the world are wondering if the second wave of the crisis will cover us, the townsfolk are coming up with their…

...

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…

...

Ministry of Finance is preparing a new blow to business
The Russian Ministry of Finance proposes to prescribe in the Tax Code the maximum allowable interest rates on corporate loans. Thus, the ministry expects to simplify tax accounting and avoid…

...