Banks
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Tatarstan and Bashkiria included to pilot Islamic banking testing
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Consumer loans in Tatarstan collapse almost twofold following car loans
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‘The future that is coming’: will Islamic banking work in Russia?
“Halal” finances are hindered by legal barriers so far, but this is temporary
- Bank of Russia lowers key rate to 7,5%
- Car loans in Tatarstan plunge almost twice
- Issuance of car loans growing in Tatarstan, but it is far from pre-sanctions level of February
- Out of stock or in large bills: whether it is possible to buy dollars and euros in banks of Kazan
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Mir cards issuance at a high in Tatarstan in March
- Experts on banks’ unions: ‘Such an option would be a lifeline’ According to the Bank of Russia’s idea, the mechanism will allow reducing small banks’ costs, but it is yet unknown how this will work in practice
