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Donskoy Narodny Bank
Donskoy Narodny Bank (''DNB''; ''Don People’s Bank'') (russian: Донской народный банк) was a Russian commercial bank. It was founded in 1992 as the Stanichny (Village) Commercial Bank (SCB) "Yegorlyk". Until 1998, it carried out its activities on the territory of Yegorlyksky District in Rostov Oblast. At the end of 1998, ''SCB “Yegorlyk”'' experienced financial difficulties and practically ceased operations. And after that, the Bank was acquired by new owners, among whom were the former employees and clients of the ''Gukovo branch of Rostovsocbank'', which made a full refund to all clients and depositors in early 1998, despite the insolvency of the ''Rostovsocbank’s'' head office. In 1999, ''SCB'' was renamed ''“Donskoy Narodny Bank,''” which became one of the largest retail banks in Southern Russia in the 2000s, carrying out innovative operations (for that period) in retail lending and securities. The Bank also participated in social projects, inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal In Russia
Coal is one of the largest sources of energy in Russia, accounting for 14.4% of the country's electricity consumption. The prominence of coal power in Russia has been declining since 1990, although Russia has among the largest coal reserves in the world. Russia is the fifth largest consumer of coal in the world and is the List of countries by coal production, sixth largest producer of coal. Coal reserves Russia has the Coal#World coal reserves, second largest coal reserves in the world, equaling 19% of the world's total. The total coal reserves in Russia amount to orders of magnitude (mass), 173 billion tons. This puts Russia behind the United States in total coal reserves, which has 263 billion tons (see coal in the United States). Most of Russia's coal reserves are in the Kuznetsk Basin, Kuznetsk and Kansk-Achinsk basins. Coal production Russia is currently sixth in the world in terms of coal production. It produced 323 million tons of coal in 2009, roughly 4% of the world's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating Agency
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. Other forms of a rating agency include environmental, social and corporate governance (ESG) rating agencies and the Chinese Social Credit System. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations. The issuers of the obligations or securities may be companies, special purpose entities, state or local governments, non-profit organizations, or sovereign nations. A credit rating facilitates the trading of se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interfax
Interfax (russian: Интерфакс) is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station 'Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strength ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moody's Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance. In Moody's Investors Service' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moskovskij Komsomolets
''Moskovskij Komsomolets'' (russian: Московский комсомолец, lit=Moscow Komsomolets) is a Moscow-based daily newspaper with a circulation approaching one million, covering general news. Founded in 1919, it is famed for its topical reporting on Russian politics and society. History The newspaper was first published by the Moscow Committee of the Komsomol on 11 December 1919 as ''Yuny Kommunar'' (russian: Юный коммунар, lit=Young Communard, links=no). Over the next years it changed its name several time, starting a few months after the first issue when it became the ''Yunosheskaya Pravda'' (russian: Юношеская правда, lit=Youth Truth, links=no). In 1924, after Vladimir Lenin's death, it was renamed to ''Molodoy Leninets'' (russian: Молодой ленинец, lit=Young Leninist, links=no). It took its present-day name in September 1929. Between 1931 and 1939, the paper ceased publication. It was revived in 1940, but not for long: Wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RBK Group
The RBC Group, or RosBiznesConsulting (russian: Группа компаний «РБК» РБК, РосБизнесКонсалтинг), is a Russian media group headquartered in Moscow. It was established in 1993. The company holds an informational agency RosBusinessConsulting, including a news web-portal, business newspaper ', monthly business magazine '' RBC'', and RBC TV. Capitalization on MOEX is $44.13 million ( 10 March 2018). History RBC was recognized in Russia for investigative journalism, including reports on corruption and abuse of power which led to forced change of leadership, including the editor-in-chief Yelizaveta Osetinskaya, in May 2016. In April 2016, searches were conducted at the ONEKSIM Group investment fund, controlling shareholder of the RBC Group, due to publications about Vladimir Putin's daughter Katerina Tikhonova and her husband, Russian oligarch Kirill Shamalov, as well as about the Panama Papers. ''The Moscow Times'' reported that the 11 Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. The Federal Old-age and Survivors Insurance Trust Fund, which oversees $2.66 trillion in assets, is the world's largest public pension fund. Classifications Open vs. closed pension fund Open pension funds suppor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Russia
The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates the activities of the government. According to the 1991 amendment to the 1978 constitution, the President of Russia was the head of the executive branch and headed the Council of Ministers of Russia. According to the current 1993 constitution, the president is not a part of the government of Russia, which exercises executive power. However, the president appoints the prime minister. History The large body was preceded by Government of the Soviet Union. Since the Russian Federation emerged from 1991 to 1992, the government's structure has undergone several m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farm
A farm (also called an agricultural holding) is an area of land that is devoted primarily to agricultural processes with the primary objective of producing food and other crops; it is the basic facility in food production. The name is used for specialized units such as arable farms, vegetable farms, fruit farms, dairy, pig and poultry farms, and land used for the production of natural fiber, biofuel and other commodities. It includes ranches, feedlots, orchards, plantations and estates, smallholdings and hobby farms, and includes the farmhouse and agricultural buildings as well as the land. In modern times the term has been extended so as to include such industrial operations as wind farms and fish farms, both of which can operate on land or sea. There are about 570 million farms in the world, most of which are small and family-operated. Small farms with a land area of fewer than 2 hectares operate about 1% of the world's agricultural land, and family farms comprise about ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Return
A tax return is the completion of documentation that calculates an entity or individual's income earned and the amount of taxes to be paid to the government or government organizations or, potentially, back to the taxpayer. Taxation is one of the biggest sources of income for the government. There are two types of taxes—direct and indirect—which are both parts of the tax revenue. Tax revenue is the income gained by government from taxes that are levied on income, profit, goods and services, land revenue, ownership, and transfer of property, and other taxes. Total tax revenue calculated as a percentage of GDP shows the share of the country’s output collected by the government through taxes. Tax revenue is used by governments to grant sums of money to communities, the military, education, hospitals, and infrastructure. In the United States the Internal Revenue Service (IRS) administers federal tax laws. It is a government entity that fulfils three main functions. Firstly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
