The provisions according to which offshore companies are obliged to disclose their incorporators are excluded from the new wording of amendments to the Civil Code

The Top-10 banks with the largest card loan portfolio as of the end of 2011 is crowned by Russian Standard Bank as before (its portfolio increased 32% in 2011 to RUR 66.3 billion), according to the research of Frank Research Group. The following banks are Sberbank (up by 2.5 times to RUR 61.6 billion) and VTB24 (up by 36% to RUR 38.1 billion). The Top-10 banks has changed greatly during the year

"We expect the growth of lending to slow down to 20-25% in 2012," said Ivan Svitek, Chairman of Home Credit Bank's Management Board

Analysts recommendations on depositary receipts of AFK Sistema vary

Analysts of Nomos-Bank held a comparative analysis of investments in MTS and VimpelCom's shares

VTB to announce buyback scheme from shareholders participating in people's IPO in 2007 in the short run, buyback will be held soon, Head of VTB24 Mikhail Zadornov told Ekho Moskvy

Russia's public internal debt including government guarantees amounted to RUR 4.19 trillion as of January 1, 2012, the Finance Ministry of Russia reported on February 7

Federal State Unitary Enterprise Russian Post announced a search of a financial company in Europe which will be interested in providing loans repayable over a period of 5 years and 10.5 years. Total loan will be EUR 49.894 million, or RUR 1.968 billion at the current exchange rate of the Bank of Russia

Real income of the population has been increasing slightly over the past few months, says Rosstat. According to Romir Holding, about 44% of residents are sure that their income has increased over the past six months. 9% of respondents say the increase was "rather substantial". The paradoxical difference between the official statistics and interview results may be explained by the fact that Russian residents confused the growth of income in nominal and real, inflation-adjusted terms