Megafon has collected suitcases on the stock exchange
Megafon has collected suitcases on the stock exchange MegaFon, one of the largest mobile operators in Russia, is getting ready for an IPO on November 1. The company plans to…

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LIBOR: time to change bets
The key LIBOR rate for credit markets is going to be modernized. City of London, New York Wall Street and regulators on both sides of the Atlantic are seeking a…

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Do not count money - and you will be rich!
There are many magical rituals for money. But sometimes in everyday life we ​​perform the most ordinary, it would seem, actions that attract financial welfare or, on the contrary, make…

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A trifle is an expensive pleasure

The proverb “small spool, yes expensive” is beginning to take on more and more meaning. The production of small money is starting to cost the world so dearly that economically weak countries have long abandoned it, and the stronger ones are looking for options that would reduce the cost of small things at least to the level of their nominal value, but these efforts lead to funny results.

As soon as mankind invented money, how did he immediately encounter the need to somehow break it into smaller parts, because you won’t start giving the same money for a cow and chicken? However, it quickly became clear that it was not so easy to divide the main (usually gold or silver) coin into shares. As a result, the ancient Greeks, for example, had to use coins of about two dozen denominations. After a series of reforms and troubles, the Roman Caesars managed to reduce the variety of coins to five denominations from the largest – aureus to the smallest – ace (400 aces were considered in one aureus). Inattention to a small coin, as a rule, cost dear rulers: before the modern monetary system developed, more than one state was shocked by outbreaks of social discontent caused by this reason. 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 Russia, earning a record profit of 47 billion rubles. The bank’s growth is ahead of the market by about 1.5%, therefore, the organization’s management intends to continue working with retail operations.

For the second year in a row, VTB24 is one of the three most profitable banks in Russia. Last year, the bank earned 47 billion rubles, net profit amounted to 37 billion rubles. This was announced at a press conference on the results of 2012, the President and Chairman of VTB24 Mikhail Zadornov. Continue reading

E-DINAR – anyone can earn

More recently, the payment system E-DINAR appeared on the market. Originally from a booming Asia, this electronic system has already proven to be very attractive and promising. She has the main qualities: low transaction costs, speed of operations, reliability and an intuitive interface. The new service provides users with additional features – when performing operations, the user receives a bonus.

New E-DINAR Technologies
This service is based on blockchain technology that takes into account cryptographic principles. Clients can place any currency for exchange and other transactions without commission.

The unit of account can be easily bought and sold on a special exchange, which is located directly on the site. This allows for independence in monetary matters. The question of the currency in which the operation can be carried out completely disappears. Money here becomes universal, they are automatically converted into those that are required for a specific operation. Continue reading

Currency forecast: dollar awaits correction
Last week showed that the dollar was growing steadily almost until Friday evening. The Fed unexpectedly optimistic about the prospects for the US economy, and against this background, the euro…

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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…

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Three reasons for the outflow of capital abroad
Over the past month, investment funds focused on Russia withdrew about $ 150 million from the country. It is noted that the outflow for the last week of October amounted…

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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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