The homegrown payments system is good news for the state, but will have unfortunate consequences for the private sector.

The unparalleled success of Russia’s Mir payments system has protected it against US sanctions, making other governments take notice.

New breed of bank identifies as a tech firm with a banking licence, explains director of strategy.

Russia’s banks were growing in the run up to the Covid-19 crisis, but the economic fallout has taken its toll. 

Big bank failures because of Covid-19 look unlikely as a result of sweeping regulatory reforms.

Pandemic has slowed completion of reforms as regulators seek to prop up economy.

The deputy chairman of Russian development institution VEB.RF describes its focus PPPs and how it backs green finance in the country.

Which banks across Brazil, Russia, India, China and South Africa have performed the best in The Banker’s newly introduced ranking that measures a lender's performance across various key criteria? 

Russia and Saudi Arabia have deepened ties stemming from a 2016 agreement on oil, to include partnerships by their respective sovereign wealth funds. 

Sberbank is striving to become the 'ecosystem of first choice' in Russia, and is branching out into numerous fields while embracing fintech start-ups.