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Promsvyazbank
Promsvyazbank (PSB; rus, ПАО "Промсвязьбанк") is a state-owned, formerly private Russian bank from Moscow. It was owned by oligarchs Dmitry Ananyev and his brother Alexei Ananyev. As of 2012, it was the 10th-largest bank in Russia by assets. The bank was established in May 1995 by the Ananyev brothers, the owners of Technoserv, the largest systems integrator in the CIS. Its first customers were major telecom companies such as Rostelecom. Between 2006 and 2012, a 15.32% stake was owned by Commerzbank. In February 2010, an 11.75% stake was acquired by the EBRD. By February 2016, the bank provided services to more than 100,000 corporate and over 2 million private customers. In 2018, the Russian government nationalized the bank, and prosecuted its former owners; Interpol found the prosecution to be politically motivated. Promsvayzbank was officially designated as a supporting bank of the Russian defense sector. In response to the prelude to the 2022 Russian inv ...
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Petr Fradkov
Petr Mikhaylovich Fradkov (russian: Пётр Михайлович Фрадков; born 1978) is a Russian economist and banker serving as the chairman and CEO of Promsvyazbank and the general director of the . On 28 February 2022, in relation to the 2022 Russian invasion of Ukraine, the European Union blacklisted him, imposing an EU-wide travel ban and freezing all his assets. Early life and education Fradkov was born in 1978 in Moscow. He is the son of Mikhail Fradkov. Fradkov graduated from the Moscow State Institute of International Relations in 2000. In 2007, he earned a Master of Business Administration (MBA) from the Kingston Business School. Fradkov completed a second MBA and a degree at the Russian Presidential Academy of National Economy and Public Administration. Career Fradkov joined the VEB.RF in 2000 working as a deputy representative in the United States. In 2004, he was the deputy director general of the Far Eastern Shipping Company. Fradkov returned to VEB i ...
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Prelude To The 2022 Russian Invasion Of Ukraine
In March and April 2021, the Russian Armed Forces began massing thousands of personnel and military equipment near Russia's border with Ukraine and in Crimea, representing the largest mobilization since the illegal annexation of Crimea in 2014. This precipitated an international crisis due to concerns over a potential invasion. Satellite imagery showed movements of armour, missiles, and heavy weaponry. The troops were partially withdrawn by June 2021, though the infrastructure was left in place. A second build-up began in October 2021, this time with more soldiers and with deployments on new fronts; by December over 100,000 Russian troops were massed around Ukraine on three sides, including Belarus from the north and Crimea from the south. Despite the Russian military build-ups, Russian officials from November 2021 to 20 February 2022 repeatedly denied that Russia had plans to invade Ukraine. The crisis was related to the War in Donbas, itself part of the Russo-Ukrainia ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Deposit Insurance Agency Of Russia
Deposit Insurance Agency (DIA) (russian: Агентство по страхованию вкладов (АСВ)) is a Russian state corporation (non-profit organization) established in January 2004 to manage operation of the deposit insurance system in the Russian Federation. DIA pays insurance compensations to depositors of failed banks. DIA also exercises bankruptcy administrator functions of insolvent banks, non–governmental pension funds and insurance companies, it is responsible for resolution of banks and managing the system of guaranteeing the rights of insured persons in the mandatory pension insurance system. Deposit insurance The deposit insurance system in the Russian Federation operates in accordance with the Federal Law No.177–FZ of December 23, 2003 “On Insurance of Deposits in Banks of the Russian Federation”. The deposit insurance system (DIS) provides protection to depositors that have accounts in Russian banks up to the coverage limit established by law ...
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Duma
A duma (russian: дума) is a Russian assembly with advisory or legislative functions. The term ''boyar duma'' is used to refer to advisory councils in Russia from the 10th to 17th centuries. Starting in the 18th century, city dumas were formed across Russia. The first formally constituted state duma was the Imperial State Duma introduced to the Russian Empire by Emperor Nicholas II in 1905. The Emperor retained an absolute veto and could dismiss the State Duma at any time for a suitable reason. Nicholas dismissed the First State Duma (1906) within 75 days; elections for a second Duma took place the following year. The Russian Provisional Government dissolved the last Imperial State Duma (the fourth Duma) in 1917 during the Russian Revolution. Since 1993, the State Duma (russian: Государственная дума, label=none) has functioned as the lower legislative house of the Russian Federation. Etymology The Russian word is inherited from the Proto-Slavic word ...
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Moscow Stock Exchange
The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), and the country's largest clearing service provider, the National Clearing Centre. The exchange was formed in 2011 in a merger of the Moscow Interbank Currency Exchange and the Russian Trading System. Trading at the exchange was suspended on 24 February 2022, following Russia's invasion of Ukraine. Trading remained suspended until 21 March, and was then only opened for state bonds. The exchange was also targeted as part of international sanctions against Russia. On August 15 2022, it was announced that the bond market opened to friendly investors. History The Moscow Exchange was est ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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Meduza
''Meduza'' ( rus, Медуза, t=jellyfish) is a Russian- and English-language independent news website, headquartered in Riga. It was founded in 2014 by a group of former employees of the then-independent ''Lenta.ru'' news website. Free mobile applications for iOS, Windows Phone and Android became the basis of the media. A semi-official motto of the portal is "Make the Kremlin sad". History In 2014, Galina Timchenko was fired from her job as chief editor at ''Lenta.ru'' by oligarch Alexander Mamut, a supporter of Vladimir Putin, after she had interviewed Right Sector. She launched the new webpage ''Meduza'' in October 2014. Several former journalists of ''Lenta.ru'' joined the new online site. Timchenko told ''Forbes'' that the decision to base ''Meduza'' in Latvia was made since "right now, establishing an independent Russian language publishing house in Latvia is possible, while in Russia it is not". Moreover, Timchenko stated: "We understood that in Russia, most like ...
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In Absentia
is Latin for absence. , a legal term, is Latin for "in the absence" or "while absent". may also refer to: * Award in absentia * Declared death in absentia, or simply, death in absentia, legally declared death without a body * Election in absentia * Excommunication in absentia * Graduation in absentia * In absentia health care, the provision of healthcare in the absence of a personal contact * Trial in absentia Music, films and television * ''In Absentia'' (film), a 2000 short film commissioned by the BBC * ''In Absentia is Latin for absence. , a legal term, is Latin for "in the absence" or "while absent". may also refer to: * Award in absentia * Declared death in absentia, or simply, death in absentia, legally declared death without a body * Election in ab ...'', a 2002 album by Porcupine Tree * ''Absentia'' (film), a 2011 horror film * "In Absentia" (''Fringe''), a 2012 episode of the television series ''Fringe'' * ''Absentia'' (TV series), a 2017 television ...
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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 ...
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Central Bank Of Russia
The Central Bank of the Russian Federation (CBR; ), doing business as the Bank of Russia (russian: Банк России}), is the central bank of the Russian Federation. The bank was established on July 13, 1990. The predecessor of the bank can be traced back to the State Bank of the Russian Empire founded in 1860. The bank is headquartered on Neglinnaya Street in Moscow. Its functions are described in the Constitution of Russia (Article 75) and in federal law. History State Bank of the Russian Empire The decision to create a State Bank of the Russian Empire was made by Emperor Peter III in May 1762, which was modeled on Bank of England and would have the right to issue bank notes. However, due to the coup on 28 June 1762 and the murder of the Czar, the project was not implemented. The outbreak in 1768 of the Russian-Turkish War and deficit of the state budget forced Catherine II, in turn, refer to the idea of issuing a paper money, and in December 1768 she formed the ...
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Kommersant
''Kommersant'' (russian: Коммерсантъ, , ''The Businessman'' or Commerce Man, often shortened to Ъ) is a nationally distributed daily newspaper published in Russia mostly devoted to politics and business. The TNS Media and NRS Russia certified July 2013 circulation of the daily was 120,000–130,000. It is owned by Alisher Usmanov. History In 1989, with the onset of press freedom in Russia, ''Kommersant'' was founded under the ownership of businessman and publicist Vladimir Yakovlev. The first issue was released in January 1990. It was modeled after Western business journalism. The newspaper's title is spelled in Russian with a terminal hard sign (ъ) – a letter that is silent at the end of a word in modern Russian, and was thus largely abolished by the post-revolution Russian spelling reform, in reference to a pre-Soviet newspaper of the same name active between 1909 and 1917. This is played up in the Kommersant logo, which features a script hard sign at the ...
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