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The Supervisory Board of X5 Retail Group N.V. has recommended paying RUB 30 billion in final dividends
The Supervisory Board of X5 Retail Group N.V. recommended paying RUB 30 billion in a final 2020 dividend (RUB 110.49 per GDR).
ACRA affirmed Russian National Commercial Bank at 'A+'(RU) on March 18, 2021
On March 18, 2021, Russia's Analytical Credit Rating Agency (ACRA) affirmed the credit rating of Russian National Commercial Bank at 'A+'(RU), with a stable outlook.
X5 Retail Group increased IFRS net profit by 45.3% to RUB 28.34 billion in 2020
Revenue increased by 14.1% to RUB 1.98 trillion, EBITDA by 15.2% to RUB 243.622 billion. EBITDA margin was 12.3% versus 12.2% a year earlier.
Bank of Russia increases key rate by 25 bpts to 4.50% p.a.
The Board of Directors of the Bank of Russia decided to increase the key rate by 25 bpts to 4.50% per annum. The Bank of Russia also holds open the prospect of further increases.
British government sells part of stake in NatWest
The British government announced its latest sell-off of part of its stake in NatWest (formerly RBS) for £1.1 billion
Novosibirsk artificial fiber plant plans to start exporting industrial explosives
The products of Scientific Production Concern Techmash's Novosibirsk artificial fiber plant received a certificate of compliance with international standards.
Sberbank's Povolzhsky Head Office increased mortgage lending by more than 50% in 2020
The Povolzhsky (Volga) Head Office of Sberbank provided more than 77,000 mortgage loans for a total amount of RUB 121.76 billion (+54% year-on-year).
