In 2022, the Central Bank of Estonia suffered a loss of €157 million from investments in securities. The regulator’s annual return on investment turned negative for the first time. Most of the portfolio was made up of bonds, whose rates were hit by a sharp increase in base rates. Among the assets of the Estonian Central Bank are US, Australian and British government bonds. In 2022, Canadian securities issued to finance support for Ukraine were purchased. @banksta
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Large banks that have fallen under Western sanctions are increasingly willing to pay dearly for attracting deposits in unfriendly currencies. They explain this by caring about the needs of customers. However, experts are sure that the currency is needed to ensure the balance of liabilities and assets, taking into account those blocked in the currency under the sanctions. @banksta
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For the “daughter” of VTB in the UK approved a plan to wind down the business. External managers intend to sell the assets of VTB Capital in order to settle accounts with creditors and counterparties. Their debts exceed £800m @banksta
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Traders withdrew more than $2 billion from the world’s largest crypto exchange Binance in the Ethereum blockchain in seven days. This is reported by the WSJ with reference to the cryptocurrency data provider, Nansen. Experts note that the pace of withdrawals accelerated after the US Commodity Futures Trading Commission filed a lawsuit against Binance due to violations of the legislation on trading derivatives. @banksta
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Deputy Speaker of the State Duma Boris Chernyshov sent a letter to the head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov with a proposal to fix the maximum allowable markup on all products for the military at 10%. @banksta
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Experts in the training and study of artificial intelligence have published an open letter calling on all the world’s laboratories for their creation to immediately suspend the training of systems more powerful than GPT-4, for at least 6 months. Experts say that AI systems with human intelligence can pose a serious danger to society and humanity, and this opinion is recognized by leading developers. The letter has already been signed by 1079 experts and researchers, including Elon Musk, Steve Wozniak and others @banksta
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In Russia, the business demand for workers who speak Chinese has doubled. Most of all, specialists from the transport and logistics sector, sales and production are in demand. @banksta
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Bankster Oleg Tinkov sold his Dassault Falcon 8X aircraft. The plane’s registration and tail number have changed. Instead of M-TINK, he now wears the number N885X, writes the Moscow Times. The cost of a similar Dassault Falcon 8x aircraft is now about $ 50 million. The new owner is the American company Pacific Connection from Delaware. She already owned another Dassault Falcon. @banksta
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Crypto businesses that were serviced by Signature Bank were given a week to withdraw their assets from the bank and close their accounts. The US banking sector is trying to completely displace cryptocurrencies under pressure from regulators. @banksta
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Banknotes “face value” of zero rubles will appear this summer in St. Petersburg. Their creators are sure that it will be a good souvenir from Russia. This is a private initiative. New “bills” with unique numbers, watermarks and dots, as on ordinary money, will appear in St. Petersburg and other cities of Russia this summer. The design is very reminiscent of a five-hundred-ruble banknote. There are more than 20 protection elements. However, with the help of this “piece of paper” it will not be possible to buy anything – on the contrary, you will have to pay for it. He thought about creating something like this in 2019, when he saw Euro Zero in Paris. @banksta
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❓Who is helping the business now? ????Loko-Bank is holding a promotion for new customers of small and medium-sized businesses! When opening a business account, the bank compensates for the expenses of entrepreneurs: equipment, raw materials or, for example, rent. The total amount is 2,000,000 ₽! How it works? In the period from March 27 to April 30, you need to open a business account with Loco-Bank and make at least 3 payments for a total amount of 100,000 ₽. 4 winners receive 250,000 ₽ each and 1 client takes the main prize – 1,000,000 ₽ for business development. ????But that’s not all! In addition, 60 winners will receive cool product prizes from Loko-Bank: an increased cashback on a business card for six months, a payment business sticker, or an annual package of the Risk Control service. Get involved! Read more about the promotion on the Loko-Bank website. Advertising. CB “LOKO-Bank” (JSC). Pb3XmBtzsrPpXBJFXrpJ19VVaSjf6GswLkb2k2L
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A Muscovite seller stole almost 12,000 lottery tickets from Russian Lotto and Sportloto, a hectare of 1.3 million rubles. But didn’t win anything. He faces up to 10 years in prison. @banksta
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89% of private investors on the Moscow Exchange lost money in 2022. 11% are in profit. Basically, these are closed investment houses and non-public investors. But still, there are public investors on the Internet who are in the black for 2022. One of these is Oleg Vdovin, the author of the PROFIT Telegram channel. Oleg has been on the market since 2008, survived 4 crises, and made money on them. Maintains a public portfolio and statistics of transactions in it. The channel is completely free. He does not sell any VIP chats, marathons or courses. Subscribe, the opinion of a professional never hurts:
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In 2022, out of 525 participants in the collection market, 26 companies received “high” (“red”) and “significant” (“yellow”) risk categories, follows from the register of collectors maintained by the FSSP. Collectors who even once during the year threatened the health or life of the debtor were classified as high risk. @banksta
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According to media reports, the revenue of “Vkusno – and that’s it” in 2022 decreased by 2.3%. The company received a loss of 11.3 billion rubles. against a profit of 2 billion rubles. in 2021. However, it is not entirely correct to compare the indicators of these years, because. from March to June last year, all restaurants of the chain were closed. In addition, the reopening and rebranding of outlets required investment, as did the launch of new menu items and the restart of delivery. The owner of the chain spoke about the slow return on investment in a recent interview with RBC. At the same time, as follows from the comments of the company’s press service, the financial results for January-February 2023 of Vkusno — i dot’s are higher than those of the predecessor brand for the same period in 2022 We will follow the results of 2023. @banksta
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$1,200,000+ of net profit with a transaction cycle of 6 to 18 months This time not in Moscow, but in Dubai. Such invigorating, and, apparently, not unreasonable profitability indicators are announced by the guys from the WELL PRO real estate agency and share their client investment cases: “A client went with us to two investment projects from top developers EMAAR and MERAAS everyone. At EMAAR there were 9 lots per floor, they sold 6, at Meraas there were 8 lots per floor, they sold everything. The exit dates for each lot were different, as well as the yield. The maximum yield on one of the lots in % amounted to a three-digit number. It is quite reasonable to doubt such figures and the scalability of the case: firstly, about invest. The attractiveness of Dubai now is not only lazy talking. Secondly, show us those brokers who are truly interested in Dubai and are really capable of accompanying the sale of already purchased lots. As a rule, this is: “started”, received a commission from the developer and went on to surf. But WELL PRO reveals the history of transactions with real numbers and the actual profitability of each lot when exiting the project at different stages of construction. Yield indicators – on client screens. Once again, this is a case. For potential investors, WELL PRO got confused and calculated the investment. portfolio on the example of 2 more projects, which you can enter now, make several payments and exit with a profit of ~ 79%. And here it is important to understand that the faster you exit the project, the higher the profitability. Appearances-passwords and 2 detailed calculations of fin. models for 2 top projects – at the link:
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The cost of housing in Russia by the end of this year may decrease by 10-15%. This opinion was expressed by the director of the ACRA agency Irina Nosova. “The growth in the cost of” primary “from the spring of 2020 by 70-75% with a significantly lower increase in the volume of income of the population by 25-30% made housing even more inaccessible to citizens,” the expert cited the data. “At the beginning of 2020, a Muscovite had to work 2.5 months to buy a square meter of housing, and now it’s about four,” she added. @banksta
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You have heard the incantations about the incredible business benefits from data analysis and from investing in data teams more than once. Have you ever seen a measurable positive financial result of such projects? It’s time to figure out how to organize the work with data and the activities of data teams so as not to invest in other people’s fashionable fantasies. Come April 6 to the Data Day ’23 forum, where top analysts, risk managers and Data Scientist from Sberbank, VTB, Otkritie, MTS, Raiffeisen, GPB, PSB and other companies will talk about the latest opportunities for working with data and how to transform these data into money. In a programme: ???? Panel of DS-visionaries. What is the coming year preparing for us and how will we respond to this???? Data protection. How to prevent leaks and losses in conditions when it is like death???? Efficiency in Data Science. How to increase the return on data and DS commands???? open API. When they will fully earn in Russia, how will this change the data market and what should be done now in this regard ???? Data quality. How to manage, evaluate and improve it???? Forecasting extreme events: data and how to process them to identify “black swans” Hurry up to register and buy tickets, the forum is already on April 6th. Program and registration link =tg_dataday2023_banksta_anons3
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Crypto exchange Binance has been hiding significant ties to China for several years, contradicting management’s claims that the cryptocurrency exchange left the country following an industry crackdown in late 2017, a U.S. study found. @banksta
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Deputy Prime Minister Andrey Belousov: The capitalization of the Russian financial market (in 2022) decreased by almost 39% compared to the previous year, and the trading volume – by 41%. The number of new share offerings has fallen from 11% in 2021 to just 2% last year. A number of problems have arisen that need to be addressed. The shortage of long-term money has worsened, including due to the departure of foreign investors. Investor confidence dropped significantly, which was also related to the closure of information for market participants. Increased risks associated with the growth of uncertainty, including due to problems with payments and the foreign exchange market. @banksta
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In 2022, the UAE received at least 4,000 millionaires from Russia. Many of them settled in Dubai, writes Le Figaro. Russian restaurants, beauty salons, schools, and supermarkets are all over the place where you can find any products that you used to buy in Moscow, a local realtor told the newspaper. @banksta
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Ukrainian scammers used a drone to steal money during a currency exchange, according to the National Police. “The attackers rented a room for a supposedly currency exchange office and immediately carried out “repairs”: they made a hole in the ceiling for a quadcopter and another one in the wall for the “cashier” to escape,” the department’s press release says. It is alleged that when the “cashier” received money for exchange, she immediately called the “head” with a request to “open the safe” – this was the signal for the accomplice – the drone operator. The amount of damage is almost 50 thousand euros and 25 thousand US dollars. The police arrested the attackers while trying to deceive another client. @banksta
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Muslims in Russia have been banned from short positions and margin trading, the Council of Ulemas of the Spiritual Administration of Muslims of the Russian Federation (DUM RF) said. Also, you can not trade stock futures and buy securities of companies engaged in Sharia prohibited activities. @banksta
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Europe plans to launch a joint project this summer to monitor compliance with sanctions against Russia. The project is aimed at filling gaps in the sanctions regime and coordination between national governments. It is planned to be implemented within two years and could be the forerunner of a new EU oversight body. @banksta
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In Russia, a number of new large infrastructure agricultural projects will be launched in the next four years. They will affect the production of canned potatoes and animal feed, the processing of walnuts and fish, and the processing of wheat. More details in the SberPro telegram channel. Subscribe to learn about company strategies, trends in major industries and digital development. Subscribe: @sberpromedia
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Making a mobile bank using artificial intelligence ???? How is that? We use ChatGPT in the development of Alfa-Online. We ask the opinion of the neural network so as not to waste time. What have already been done? Improved transfers by phone number – now you can choose a bank 2 times faster. We came up with a solution with ChatGPT in just 44 minutes, and before we spent several days on such tasks. And now what? 16 tasks have already been given to artificial intelligence. Let’s see how it copes????????‍???? Channel Editor: Spending Salary Faster Than ChatGPT Runs???? @alfabank
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A 29-year-old Nizhny Novgorod citizen was robbed of more than 10 million rubles worth of bitcoins. He did not notice the address spoof when he was withdrawing coins from the online wallet through the application. @banksta
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China’s national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled liquefied natural gas trade through the Shanghai Petroleum and Natural Gas Exchange. 65,000 tons of LNG imported from the UAE passed through the French to China. @banksta
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The Central Bank lost 382 billion rubles due to a loss from the transaction for the sale of a share in FC Otkritie to the VTB group and the contribution of a share in MinBank as a property contribution to the DIA. The Central Bank sold FC Otkritie to VTB in December for 340 billion rubles, and MinBank transferred it for 1 ruble, despite the fact that the initial cost of 100% of the shares was 166.3 billion. The last time the regulator received a record loss of 435.3 billion rubles. in 2017, when three large private groups – Promsvyazbank, FC Otkritie and Binbank – went into reorganization.

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Kazakhstan has filed a $5.14 billion lawsuit against the North Caspian Operating Company (NCOC), a consortium for the development of the Kashagan field, for violating environmental protection, the country’s Ministry of Ecology and Natural Resources said. The ministry accuses NCOC of storing more than twice as much sulfur as is allowed at the site, the agency said. The shareholders of NCOC are the Italian Eni, the American Shell and ExxonMobil and the French Total. Each of the companies has 16.81% of the project’s shares. @banksta
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The robber made his way into the house of Martin Shaffer, CEO of the Russian branch of the international investment group PPF Real Estate, and stole property worth 20 million rubles. The villain entered the territory of an elite village wearing a mask and gloves, shot down surveillance cameras near the cottage and thought out an escape route that could not be tracked by other cameras. Shaffer himself was in the house at that moment with a cohabitant and three children. They didn’t even wake up. The list of stolen expensive watches from Hublot and Patek Philippe, as well as jewelry from Cartier. @banksta
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Anatoly Aksakov, head of the State Duma Committee on the Financial Market, during the conference “Mortgage lending in Russia” proposed to transfer to the bank the debt of mortgage borrowers who had already sold mortgage apartments and this was not enough to cover the debt. Recall that in 2007, such a decision led to the US model – the one that caused the mortgage crisis in the country, which later grew into the global economic crisis. Aksakov’s proposal would at least increase the down payment requirements and reduce housing affordability. At the same time, it is the housing market in Russia today that is one of the largest drivers of the economy. @banksta
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Trade between China and Saudi Arabia exceeded that of Saudi Arabia combined with the US and EU. Economic ties between China and Saudi Arabia continue to strengthen after the signing of cooperation agreements by the leaders of the countries. The trade turnover between China and Saudi Arabia countries grew by 32.9% year on year and exceeded $116 billion in 2022, China has been Saudi Arabia’s largest trading partner for many years. Saudi Aramco has signed agreements with Hangzhou-based Rongsheng Petrochemical Co Ltd to acquire a 10 percent stake in Rongsheng Petrochemical for 24.6 billion yuan ($3.6 billion). @banksta
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In March, Russia set a record for fuel oil sales to Singapore and Malaysia. In March, shipments of fuel oil and VGO from Russian ports to Singapore and Malaysia amounted to over 1.1 million tons, which corresponds to the volume of deliveries from the United Arab Emirates. @banksta
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Grain trader Viterra will announce plans to withdraw from Russia in the near future, writes Bloomberg. Earlier it became known that since July, another major global grain supplier, Cargill, will suspend exports. @banksta
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Ex-manager of Rosgosstrakhbank Leonid Lavrov, accused of attempted fraud and theft of money, was extradited from Peru to Russia, Interior Ministry spokeswoman Irina Volk said. According to investigators, Lavrov committed the crimes in 2016, when he was the manager of the office of one of the Russian banks. He fled from the investigation abroad. In 2021, he was detained in Peru, where the Prosecutor General’s Office sent a request for the extradition of the wanted man. @banksta