Russian Federation Banking News

Universal KUBE announced a joint partnership with Tata Consultancy Services, a leading IT services, business solutions and outsourcing organization, in Russia, Ukraine and the Republic of Belarus, for the TCS BaNCS universal banking product suite

The Center for Spatial Research (CSR) has successfully elaborated the project of geomarketing evaluation of the Sberbank Baykal Division’s branch network in one of the cities of Irkutsk oblast in Russia.

This fresh study discusses weak fundamentals of the U.S. economy, lack of confidence, diversification out of the dollar, and a way out. It comes to a conclusion that the future of the dollar is in jeopardy now.

Despite difficult credit conditions in the Russian market, banks are confident that times will change and get prepared for a future where credit will resume healthy growth