Special focus: Russia

Euromoney's latest coverage of macroeconomic, FX, fixed income and equity market trends in the oil-producing economy.

 

Country risk: Russia takes centre stage

Country risk: Russia takes centre stage

When the World Cup fanfare is over, investors must gauge whether the country represents a better bet than other emerging markets – and there are still some nagging doubts.

Fintech: The cold, hard facts of bitcoin mining

Fintech: The cold, hard facts of bitcoin mining

Soviet military bunkers in Kazakhstan and portable houses in Siberia linked up to the plumbing: Bitcoin mining is moving in some interesting directions that will become even more diverse as China cracks down on its domestic industry.

Russia banking: The Yugra illusions

Russia banking: The Yugra illusions

On a recent visit to the Russian central bank on a wintry day, Euromoney’s eye was caught by a chap holding a large and surprisingly professionally produced billboard.

Alternative awards of the year 2017

Alternative awards of the year 2017

For the banking industry, 2017 was a time of trying finally to resolve issues of the past and avoid new mistakes, yet dig beneath the surface and it was also 12 months of intrigue and, sometimes, farce.

Russian regulator backs new bailout regime

Russian regulator backs new bailout regime

A pair of multibillion-dollar bank bailouts in under a month has roiled Russia’s banking sector and raised questions about the regulator’s competence – Dmitry Tulin, the central bank’s new head of banking supervision, insists such criticism is misguided.

Russia payments bid unlikely to be swift

Russia payments bid unlikely to be swift

While irked by western dominance of Swift and determined to assert its monetary independence, the prospect of Russia going it alone on payments and messaging remains remote.

Nabiullina rages against the banking machine

Nabiullina rages against the banking machine

In 2013, Russia’s central bank became a mega-regulator, overseeing a slew of credit institutions, from banks, insurance agencies, investment vehicles, micro-finance houses to pawnshops.

Steely Nabiullina fights Russia’s fires

Steely Nabiullina fights Russia’s fires

Elvira Nabiullina, Euromoney’s central bank governor of the year, is staunchly sticking to her controversial crisis-fighting plan as Russia reels from its biggest financial crisis since 1998.

Russia borrowers strike bullish note over sanctions

Russia borrowers strike bullish note over sanctions

While sanctions are hitting the Russian markets and pushing up interest rates, senior executives at Sberbank and potash producer Uralkali tell Euromoney the country’s banks and corporates are looking internally and to the east for new sources of financing.

Sanctions propel Russia towards Asia

Sanctions propel Russia towards Asia

Sanctions overs the conflict in Ukraine have closed off western capital markets to some Russian companies, giving Asia an opportunity to take a greater role.

Asian private banking and lending eye Russia business

Asian private banking and lending eye Russia business

The escalating conflict in Ukraine and sanctions placed on Russia by the EU and the US are pushing private Russian money into Asian wealth centres and encouraging the country’s corporates to seek new sources of funding in the region.

Rollercoaster rouble freaks analysts

Rollercoaster rouble freaks analysts

The Russian rouble is facing strong headwinds as the political fall-out over the fatal MH17 plane crash and fresh economic sanctions bite, with analysts predicting a tough year ahead for the Bric currency.

Ukraine tensions expose fault line in Russia’s economy

Ukraine tensions expose fault line in Russia’s economy

Russia’s muscular posture on the Crimean region of Ukraine, re-awakening Cold War tensions, threatens to tip the economy into a mild recession and has put a spotlight on the country’s structural weaknesses amid political risk, say analysts.

Q&A with VTB CEO Andrey Kostin

Q&A with VTB CEO Andrey Kostin

In an in-depth interview with Euromoney, the head of the powerful Russian state lender discusses domestic bank competition, regulation, credit growth and reveals the impact of state ownership.

Is Kazakhstan a safer bet than Russia?

Is Kazakhstan a safer bet than Russia?

Kazakhstan is set to remain the safest country in central Asia, and as the economy diversifies away from hydrocarbon and mineral reserves, it could soon precede Russia in the Euromoney Country Risk rankings.

Cyprus-Russia ties complicate bailout bid

Cyprus-Russia ties complicate bailout bid

The ramifications of selling contingent convertible bonds (CoCos) to retail buyers could be brutally illustrated by the bailout of Cyprus’s banking sector, while ties with Russia complicate strategy.

CEE equities: Back in business

A trio of successful listings out of emerging Europe has boosted bankers’ hopes of an equity primary markets renaissance in 2013, with prospects for further supply from Russia, Turkey and beyond.

Russia’s hedge fund opposition

As president Vladimir Putin enters his third term, one of the main critics of the political and corruption risks in Russia is Bill Browder, chief executive of London hedge fund Hermitage Capital.

Russia’s new SWF seeks bond and equity exposure

Russia is planning to launch a new state-owned investment agency next year to invest the country’s oil wealth in global financial markets, finance minister Anton Siluanov tells Euromoney in an exclusive interview.