the bank cannot help him. rson transfers money himself, he himself gives logins, passwords and one-time codes for communication sessions into the hands of criminals, from the point of view of the bank, nothing illegal happens at the time of the transfer and... the system carries out the operation, the money ends up in an account in another bank, the victim’s bank cannot track its further path, which the operators inform the victim of the scammers about, then the person goes to the police, they accept his statement, check the facts, recognize him as a victim under criminal articles 209 or 212 and send an application to his bank to receive information about the movement of the account for the period when he transferred money to the scammers, this... by law, investigators can only send in paper form via regular mail. the bank processes the application in the same paper form option, sends investigators a detailed statement about the movement of the victim’s money during the theft. from dozens of payments, investiga

since the wells fargo august bank of america and the other major banks have financial why don't they have financial accountability for the protection of customers? why is zelle allowed to operate this weight during the high probability of fraud? i feel taken twice by the scammers and by wells fargo and zelle. chairman blumenthal, ranking member johnson, share my story to raise awareness and to advocate for stronger safeguards. the emotional financial toll of this scam on my family was significant it is still being felt. i am sure i'm one of hundreds of thousands if not millions of consumers who are being targeted this weight. here in congress is urgent to stop the scammers, thank you. correct chairman blumenthal, ranking member johnson and members of the subcommittee. thank you for the opportunity to testify on this critical issue of consumer protection in the. too. marketplaces. i work for consumer reports were for 88 years we ensure consumer marketplaces products and services are safe, fair, and just bring 2022 "consumer reports" conducted a comparative evaluation of the most widely

to the central bank, to the board of directors of the banks for compliance with the interest rate of the deputy supervisor of the central bank he said that the delinquent banks should take action to correct the unconventional rate of interest on deposits within the next two weeks, otherwise, this group of banks will be dealt with even to the extent of the authority of the management. in this context, to check the details of this news, i will talk with the deputy supervisor of the central bank, mr. mohammadpour. mr. mohammadpour, can you hear me? well, apparently mr. mohammadpour doesn't have our voice, god willing, in this news section. we will be in touch and we will ask them about the details of this news in detail. continuation news. in a joint statement about the nuclear agreement, iran, russia and china advised the western countries, which have brought the implementation of this agreement to a standstill with bad faith and inaction, to show political will and take the necessary steps to make the implementation of the 1994 agreement effective. it is stated in this statement that

the banking sector in portugal is much more robust for the future. rtheless, it is necessary to continue to have capital ratios and it is important to continue that banks continue their restructuring and that the banks do not allow for coming back to a more difficult position. i'm more confident on the banking sector in portugal that the transformation in the last 15 years was one of the most important in the portuguese economy. banks are resilient. they have high levels of capital and they could absorb shocks, but again, it is necessary to remain vigilant and banks continue on this path to be more and more resilient. >> are you supportive of the consolidation of the banking sector in europe? our neighbors speculate about a merger in the banking sector. some of your colleagues in explainspain suggest this is not good for consumers. that's the deal we need to see in order to see a strong capital market. in your opinion, do you think portuguese banks should be consolidating further with other banks in europe for that strong capital markets? >> that's so

back to the bank of england target at 2% of the first time in three years. nvidia takes a crown after a relentless rally and they overtook microsoft as the world's most valuable company. the ipo postponed. golden goose has decided to shelf because of significant deterioration in market conditions. quite a lot going on in the markets. happy juneteenth to those who celebrate. a lot of markets in the u.s. are closed. thinner trading volumes than usual. european stocks started the day by posting moves with traders trying to see fresh catalyst in the wake of the latest tech driven rally in the u.s. european stocks coming down in the last hour. on the ftse, a lot of talk about cpi print and what it needs for the bank of england going forward. the nasdaq 100 also, trading not open in the u.s. but futures up after nvidia at yesterday became the world's most valuable company, extending record-breaking surge. quite a lot of folks will be on u.s. benchmarks. yesterday the s&p was close to the 5500 mark. france with a lot of people and question marks about who will be t

the banks have skin in the game when there's a bank robbery.ould have more skin in the game when it comes to bank robbery that happens to happen on zelle. >> i've been told that 99.9% of transactions processed on zelle have no reports of fraud or scams. does that sound like a reasonable number? >> senator, i have no reason to doubt that number, but in fact, i think that only underscores what we think should happen. if you create the incentives that would require them to make consumers like miss and humphreys whole when it happen, they should absorb the losses. either it's a very small problem or a very big problem. if it's a small problem like they claim, they s reimbursing victims. >> okay, thank you so much. i yield back. >> thank you, senator marshall. i want to pick up where i left off and i apologize if i'm retreading some of the ground that you've covered. miss hand, i was talking to miss duval and ms. humphreys about the cost to them, the emotional cost, but alsohe disincentives in terms of them to come forward. could the banks do more t

one visit to the bank, a few signatures, and the person receives the money.uch a scenario, you need to immediately turn off your emotions and think about serious financial responsibility. what? consists, we will tell you in 5 minutes in this issue of the program instructions. first of all, you need to understand that a guarantee is not an easy formality, not just for show in the contract, it is a real readiness to fulfill the borrower’s loan obligations. simply put, consent to return debt if he stops paying. in most cases, the creditor stipulates joint and several liability in the contract. this means that the bank can demand payment of the debt both from the borrower and the guarantor at the same time, and from each individual...in whole or in part. another option is subsidiary liability, when the guarantor pays if it was not possible to collect the money from the borrower. as a rule, banks provide for a mechanism of joint liability; moreover, if the guarantee agreement does not provide for a type, then by default, it is determined that the guarantor is join

we put it on the agenda. if a bank actually attracts deposits , based on the infrastructure and systems we have, as well as the special inspections that will be carried out, we will monitor the destination deposits, and we will definitely discover the violations that will take place. i'm begging you now separation from this infrastructure and systems that you introduced citizens. if you are faced with this issue , what can you do? dear people , please note that the banks that generally grant interest at the approved rates do so. these banks are unhealthy banks, and sometimes they absorb this to compensate for their imbalances. they do, and definitely if people cooperate, these violations will not occur . if you see a violation within the next month, you must contact the central bank's complaint handling department or the central bank's complaint handling and public communication system, whose address is crmir. or number 2706, which is the public relations unit , if they inform about the matter, it will definitely be de

and not onlyjust feature phones, smartphone, they take a loan from the bank to buy a smartphone. ugh digital wallet. they use atm cards. so this is the technology which has changed their life. and these women who say who never knew to read and write, but they said we can count and we can run this institution. so they are member of the bank, now, the second generation, are aspiring to become engineers, police force, joining police force, getting the sports into that, becoming the coaches in the sports so that in the villages of india, jobs are not available so much, but they are setting up the businesses, making the paper cups, paper plates, manufacturing that and selling that. so the second generation of stone breakers have are aspiring and becoming professors, job seekers and setting up the businesses. we've just had an election in india which was surprising in the outcome. narendra modi, his party not getting the big majority that was expected. what do you hope for the indian economy going forward and forfemale business women in india? i mean, india is a multiparty democracy. it

system, in the central bank computer, obviously he sees, and operations for the central bank will and it will track the movement, well , because... the systems of the central bank, well , are protected, much more powerful, stronger, so to speak, all the power of the state is aimed at this, so the central bank guarantees, and in principle i can still safely assert that if suddenly, due to the fault of the central bank, money is stolen from your digital ruble account, then the central bank will have to be responsible for compensating for the damage that you suffered due to the fact that money was stolen from your computer account. that is, the trace moves, well, let's just say, its color appears just inside the platform of the central bank, when it is in digital form, well, what is the benefit, that is, it turns out that the scammers motivate the victim to transfer money somewhere to their accounts, not into the digital space, it turns out that whether i transfer from a regular bank account or from a digital platform, the difference is the benefit is that if your money is in... or e

banks can independently set the terms and periods after which they go to court, this is the bank’s policycivil legislation, the requirements of the central bank of russia, but most often this happens within... within 3 months, this is due to the norms bankruptcy legislation, according to which, if the debtor does not fulfill the requirements for more than 3 months, an application for bankruptcy can be filed against him initiation of proceedings to declare the debtor bankrupt. the court considers the claim in most cases in favor of the bank , establishes a debt repayment schedule, if this schedule is violated, the case is transferred to the bailiffs, and they have the right to apply the same measures to the guarantor as to the borrower, namely to arrest and block accounts. cards, assign a monthly deduction from salary in favor of the bank, seize and sell movable and immovable property to pay off the debt and, of course, limit travel abroad. since the guarantee is this is a way to ensure the fulfillment of obligations, then after the bank makes demands in court against the guarantor, it rec

cooperation with china and the role of the export import bank. you are watching live coverage on c-span three. >> with that, let's go to the gentleman from texas, who is the small business committee chairman recognized for five minutes. >> mr. chair and madam chair, thank you for being here today. compared to other export credit agencies and international financial institutions, the bank intends to move forward more slowly when approving deals. the process can take over six months and in some cases over a year. other countries like china are approving deals more quickly which allows them to undercut western export credit agencies. i understand the importance of taking the time to vet deals, but i am concerned that the u.s. would be overlooked if our approval process is known to be slower, which puts us at a competitive disadvantage. what is xm doing to improve deal timelines and ensure the bank remains competitive with its counterparts. >> yes, congressman. one of the things we've been able to definitely do -- one of the things we realizes that ou

every party is committed to the bank of england. e point about this, the route of the current high interest rates we are seeing and they remain high compared to historic levels in the last decade, the route of that is the conservative government led by liz truss and the mini budget from october of 2022 where the government totally lost the con i confidence of the markets. in the uk, we have a high number of people who are mortgage holders. when interest rates are high and remain high, they need to re-mortgage. so many people find where they were previously able to afford a mortgage on a low rate, the high rates we have experienced the last couple of years are becoming unaffordable. we are seeing repossessions increase. i know people renting and rents increased because the landlord mortgages have increased. so many are finding themselves priced out of their homes. the point is it comes back to the mismanagement of the economy. particularly that mini budget. that's why we're seeing these continued high rates. you are absolutely right t

the national bank is actively discussing the launch of a new settlement mechanism with the central bankan felutich, area of ​​interest. and now about the social projects of banks. thus, the development bank donated 22 ambulances medical organizations of the country. hospitals and clinics in different regions, from pinsk to nesvezh. this is the final batch of a large three-year project that included the transfer of sixty-six vehicles. a report by anton malyuta about the social responsibility of business and the work of the development bank in the first half of the year. he's up to date. the site of the bank development building that day looked like a large medical car park. the cars arrived in the center of minsk in order to drive around the most different parts of the country. this includes baranovichi and izludsk, as well as uzdali and... pinsk has been re-equipping healthcare institutions with ambulances for 3 years, and pinsk, among other things , has been receiving cars, this has been going on for 3 years now, we receive two cars every year, and we can say with pride that this year

no time, no prepayment, no need to go to the bank. in the name of allah, the most merciful, the most merciful, dear viewers, compatriots dear sir, good evening. welcome to the special election news talk . we are with you on the fourth night of the second stage of the special election news talk . remember, in the first six nights of the honorable candidates. the 14th term presidential election talked about the 7th program, and in the second stage of the three nights that we passed, we answered the public questions of the honorable candidates in the 45-minute interval that we are in their presence. sms and messengers of the young journalist club have reached us through the media below khabar network wrote, the news sections of khabar network had tonight on the fourth night of the second stage of the special news interview of our table mr. seyyed amir hossein ghazizadeh hashemi , i am a candidate for the 14th term of the presidential election, i invite you to join us. as i said, tonight, dr. amir hossein syed amir hossein ghazizadeh hashe

cooperation with china and the le of the export import bank. you are watching live coverage on c-span three. >> with thatthe gentleman from texas the small business committee chairman recognized for five minutes. >> mr. chair and madam chair, thank you for being here today. compared to other export credit agencies and internati institutions, the bank intends to move forward more slowly when approving deals. the process can take over six months anse other countries like china are approving deals more quickly which allows them to undercut western export credit agencies. i understand theam concerned that the u.s. would be overlooked if our competitive disadvantage. what is xm doing to improve deal timelines and ensure the bank remains ressman. one of the things we've been able to definitely do -- one of the things we realizes that our very critical for any financial institution, ve to understand where we are in our processes and to move them quicker. we have also hiredbig four to help us revamp our internal control procedures so we can stand up and

of ukraine, we carried out the reform of the national bank of ukraine, the reform of the entirebanking system, thanks to the technical support of the international currency. fund, that is, even in the distant past, we can say that in the distant 15th year, 15th, 16th, and in fact the reform of the banking system is still taking place, but the main ones took place then, and thanks to those reforms, they succeeded. make the banking system, make it reliable, and then, when the great war began, that is, we see how powerful the ukrainian banking system is, people trust banks, the balances of funds in all currencies have increased by 1/3 hryvnias in the banking system during those years of war there, we work 24x7, citizens of ukraine who are currently temporarily abroad for various reasons feel all the benefits. of the banking system, i am personally confident that it will continue to hold the financial defense of our state just as powerfully, so what if such indicators, for example, inflation, for which the central bank is responsible, we now have inflation at the level, well, accord

himself chooses, either he will receive it from the bank monthly, as he received at the post office,ich gives more freedom, that is, if someone does not... loves and is afraid of cards, yes, you don’t have to get one, the main thing is to open an account, but then you’ll have to go to the bank every month, that is, the algorithm for receiving funds does not change, before i went to the post office. today he will go to a bank branch of a bank, and a branch of this bank, any branch of a bank located on the territory of belarus, well , requests, by the way, are coming in, people are worried about these changes, maybe they don’t understand some nuances, to be honest, in fact we are already before the introduction of changes to the payment procedure pensions, more than 70% of all pensioners received payments through banks, since this is a more familiar method, because in our country the age of pensioners and bank cards came into use quite a long time ago, and today citizens who are accustomed to bank cards are already retiring with us, they receive wages payment today already, and in fact

system, in the central bank computer. obviously he sees, yes, the operations for the central banktected much more powerfully, so to speak, all the power of the state is aimed at this, so the central bank guarantees, and i too in principle, i can still safely say that if suddenly, due to the fault of the central bank , money is stolen from your account... this is a digital ruble, then the central bank will have to be responsible for compensating the damage, which you suffered due to the fact that you stole money from a computer account in the central information system, let's call it an information computer somehow, i think that our audience imagines there is some kind of computer in the central one, that is, it is a huge platform , it would be correct to say an information system, and there can be a lot of computers. a tricky question, let’s say i have digital rubles, i transferred them to a bank account. everything is not digital, that is, the trace is gone or something, or digital rubles somehow marked, that is, i went to the banks, circulates in the banking system, but the trac

we make it a law, this is the problem , that is, the central bank, which the law of the central bank recently given an independence to be able to play with its resources and manage it and put it in the right place , including us, to provide facilities to people related to the so-called unit of the system. they are doing banking , we have to pay for it, and we have to get rid of the banks we have to remove bonggahdari. now , unfortunately , our banks are giving facilities to their eyes. the way they want to not have, some of the risk should also be transferred to the shareholders. we now have the shahid foundation , which is bank d, at our disposal. well, we increased the capital as a shareholder, that is , we tried to increase the capital adequacy of the bank. the bank that was about to be liquidated should be removed from the state of being about to be liquidated. finally, the issue of inflationary expectations or the nominal anchor of inflation is more about the exchange rate. for example, we should transfer the dollar rate to rial , how should we do this? we have to destroy the val

the issue of banks' disharmony. e of the necessity of empowering the private sector in privatization is emphasized by the government and is considered in the programs. disagreements due to the lack of income and expenses in the same bank. it will cause the banks to borrow from the central bank. let me be clear. what does borrowing from the central bank mean ? it means the creation of money. it means the effects of inflation that people feel today. the effects of inflation that people see are the decisions made in the past. today, his works are on people's tables in people's lives, borrowed from the bank central bank and the increase of the monetary base is a red line, a red line that was not observed by some banks, some private or non-private institutions are going to have overdrafts from the central bank, their overdrafts will cause the monetary base to increase liquidity and cause economic systems to collapse. this should be done within a limited time, the issue of overdrafts from the central bank should be over, t

from july 1, 2020, the national bank took over the functions of the market regulator of non-bank financial services. with this regulation, the national bank makes the market more transparent, more competitive, because bad players, they're in... leaving the market, players who give customers nightmares, they have to leave the market, and only those who can, who want to, adjust their processes in such a way that they reduce the customer's stress will remain. ukrainians living abroad note that financial services in ukraine are much faster and of better quality than in europe. according to the expert, this happened due to the fact that when the first banks began to form in ukraine, after the restoration. independence, our specialists have worked on errors and took into account the experience of the world market. the banking system, which was created in ukraine in the 2000s, has been there for the 21st century, it no longer has some of the problems that exist in the companies that, well, in the banks that work there in germany. on the other hand, we see that the regulation that exists in wester

the import export bank is one of the tools to support th.e state of iowa, so i want to thank you for your leadership on this, for her for miakleader in this era. with this i want to speak specifically to the chinese communist party's ownership and thin le■m their investment and things like the deepwater ports we are seeing in south america. peru, specifically. in cambodia. the list goes on and on. china's boston road ine amount econ this. can you provide topline ways the u.s. can help combat this and specifically preventthe ccp taken ownership of other countries? >> absolutely. as you said, the competition is urgency at exim bank ■, new tools we are creating in the new flexibilities we are giving in terms of providing tenors and looking at the terms much more than having the ability is one of the reasons we have been hereÑs to discuss how to continue to level the playing field and carve out early authorization. >> where is the exim bank going ? in the runway had, where can we be most effective? >> i think we are most effective in this conver

it is buying the bank from the government. here, the bank becomes a creditor of the government, that is, the program organization . when its resources are secured, the program organization pays the bank in the second 6 months of the year. and in the public sector with support the organization of program and budget is implemented. finally , the central bank allows the banks to provide these funds , so that these problems can be solved . the same liquidity problems in 2008, when the ghazvin freeway project was opened to rushd, this piece remained as it was, but the order of the central bank to finance factoring in the banks was issued two months ago, the pmt was notified to the banking network. in this notification, each bank knows how much its share is. the ministry of economy, which had previously launched a factoring system to help the private sector, has reported that the obstacles for factoring companies have increased. both the bank, as well as contractors and employers , can do two-way factoring, three-way factoring, and

are on the last line of defense, glory god, many other bankse branches where clients can come to talk, our employees very often dissuade clients from making certain... expanding regional presence, which is important, especially since this is one of the strategic yeah, well, i just wanted to ask you about the goals of vtb, as far as i understand, how you are moving, how you are getting closer to people and what new services you might offer in the regions, i will also answer very briefly, probably three main components, we want to become accessible to 100 million citizens, and to do this, we must be where our clients work or live, where it is convenient for you to work with us. therefore, we are expanding our branch network by 40%, locating new branches where our customers move, we, of course we are also developing digital partnerships with major retail operators, digital and offline, and we, of course, are developing our mobile applications so that any client, sitting at home, can safely complete any transaction. in addition, i will probably men

, in the computer of the central bank, obviously he sees, and the operations for the centralherefore the central bank guarantees, yes, and in principle i can still safely say that if suddenly, due to the fault of the central bank , money is stolen from your digital ruble account, then the central bank will have to be responsible for compensating for the damage that you suffered due to what was stolen money from a computer account in an information system. let's call it information computer somehow, i think that our audience imagine there is some kind of computer in the central bank, that is, this is a huge platform that will say an information system, and there can be a lot of computers, a tricky question, let’s say i have there are digital rubles, i transferred them to the account - it’s not digital, that’s all, that is, the trace is gone or something, or digital rubles are somehow marked, that is, if he went to the banks, he turns to the banking system, yes the trail is gone, that is, the trail is moving. well , let’s just say that its coloring appears only inside the platf

yuan, only in a non-cash form they switched to the yuan, some, yes, to bankbegan to buy on bizhe, yes, then there is what we are talking about, that is, the exchange rate is determined today on the market, including by individuals, they are still, as by the way, the yuan exchange rate has changed over the last year, there is information, well, it actually follows the ruble-dollar exchange rate, about the same dynamics, because the ratio of the yuan to the dollar on the international market, it almost, well, it doesn’t fluctuate much, but that’s good , how many? the yuan costs in rubles now 12 rubles , something like 15, but how much did it cost in 2022? in the twenty-second, well , accordingly, by about 20-30% it was correspondingly stronger, stronger, the ruble fell in price to the dollar to the yuan about the same, that’s what i want to say the main thing, right? well with yours point of view, here you are, as an experienced investor, as a person who has been on the stock exchange and in financial markets in general for 30 years, this is a huge period of ti

chooses whether he will receive it from the bank monthly, as he received at the post office, presentingwill receive a bank card. which give more freedom, that is, if someone does not like, is afraid of cards, yes, then it is not necessary to open one, the main thing is to open an account, but then you will have to go to the bank every month, but that is, the algorithm for receiving funds is not is changing, before a person went to the post office, today he will go to a bank branch of a bank, and a branch of this bank, any bank branch is located on the territory of belarus, well, requests, by the way, are being received, people are worried about these changes, maybe some nuances are not understand, to be honest, in fact... in our country, already before the introduction of changes in the procedure for paying pensions, more than 70% of all pensioners received payments through banks, since this is a more familiar method, because we have pensioners of a sufficient age and bank cards for a long time, and today citizens who are accustomed to bank cards are already retiring, they are already r

lizzy burden outside the bank of england on the central bank decision upcoming later today, and of courseu.k. politics. on monday, the u.k. business secretary on the shadow business secretary, jonathan reynolds, will go head-to-head in a live, televised debate moderated by bloomberg's francine lacqua and will face questions from britain's leading business trips. catch the debate monday -- business groups. catch the debate monday on bloomberg tv, youtube, on the website, and on bloomberg radio. and switzerland, are expecting a nailbiter decision from the swiss national bank, who was the first among economies to start using as it made a cut in march to 1.5%. let's get more from bastion been wrapped in zÜrich. what is the snp expected to do? seems like there's division on this? >> it's a very open decision, even to snp standards. snp could surprise markets we know that from the cut in march. we could definitely see a lot of movement coming in the franc. volatility is high. the big question is, how will they see the franc? because the currency has appreciated, has started to appreciate last m

and the representation of the xm bank. i think we are in a position now where we can find a way to get that done. as you mentioned here, president trump signed into law the reauthorization as part of the legislation. it was established with a goal of the statutory lending to counter china. your testimony was that it was 2.4 and almost 3 billion right now, what is your strategy for growing transactions? >> absolutely, mr. chairman, we have a sense of urgency about the work we are doing. our strategy has been as we review the transformational exports, we have seen significant growth in the work that we have been doing in everything from renewable energy, 5g, as well as in the work of water and sanitation. our strategy has been that we are looking to use all of our tools to compete with china. as well as to build and keep manufacturing here in the united states. we have looked at the 10 specific sectors, everything from ai to financial technology and renewable energy, we are continuing to be as aggressive as we can to work as

>> the large banks are so diversified. some stress and that is part of what drove down the ratios in this test. the banks still, overall, came out in a good spot because they have such good diversification. as you go below that and into the smaller regional banks, it has more concentration and we are more focused on investors. again, it is something where we knew there would be some stress in this test and ultimately the banks came out in a good spot given the severe scenarios the fed is putting the banks through. >> you are mentioning the capital returns tomorrow. what banks? >> we will get announcements from everyone. i think the largest banks are in a good position to at least modestly accelerate return, but to my earlier point, there will be some reluctance to get too far ahead where capital rules shake how tall. there were press results that it will soft earen here. that is really good for the banking industry. as we get to the final rules which are potentially coming in august, that is the catalyst to the group which

the next decision by the bank- at 296 very long. xt decision by the bank of i at 296 very long. the next - decision by the bank of england is first of august after today. many bank of england watchers like your good self i understand i'm not convinced it will even move then. what circumstances do we believe not to have changed by august? again, inflation for services, which is really important for the bank of england, this is the bank of england, this is the piece of an —— inflation they can control, things made in the uk, services is one of them is running quite hot, so they need to wait for that to slow down and they need to see wage growth slowdown, private sector wage growth is running 6%, growing nearly 6% a year, again it is too high for their comfort. it is having to wait a little longer to see these things slow down. just enough for it to begin easing back interest rates. we had hoped and they hoped i'm sure that would come sooner, in the early summer, but inflation has held up summer, but inflation has held up pretty high, w

’ll talk with the first deputy chairman of the bank’s council, sergei khatimsky. afternoon, hello, one of the most pressing issues at the international economic forum this year is technological development. entrepreneurship, this is how the sobkombank supports it? well, our job , first of all, to support any type of entrepreneurship is capital, respectively, borrowed capital, equity capital, we are pleased to see that technology companies are the engine of growth in the market for placements of shares on the moscow exchange this year last year, these placements, in which we accept the most active participation are probably the biggest contribution because we see... how much private capital is now coming into the technology sector, and this is probably one of the main points in terms of the achievement of the banking industry in supporting the technology sector, but debt financing, of course, also remains very relevant, we are very actively working with many companies, today they have big problems in terms of acquiring certain technological things that they need, a

about what rules and tariffs the bank has established in the fast payment system. 5 minutes in the instructions. from may 1, you can transfer up to 30 million rubles per month without restrictions without commission on these transactions , how to manage the limit is up to you , there are no daily restrictions on the amount, a single transaction cannot be more than a million. if you need to collect money in one account, for example, for a large purchase of several million, you will have to make several transfers in a row. by law, banks do not have the right to limit the number of transfers or set. there is a commission if the amount of all transactions does not exceed 30 million per month, if the bar is passed, the commission is half a percent, but not more than one and a half thousand per transfer. if your bank has a limit on the daily volume of transfers, even between its sbp accounts, additional steps may be required. within the framework of current legislation, from may 1, a person can transfer between his accounts completely free of charge, without any restrict

the deputy supervisor of the central bank warned the board. banks' board of directors stressed about compliance with the approved interest rate, the offending banks must correct the unusual rate of deposit interest within the next two weeks. we doubt that we will deal , really, if we know that after these two weeks, these behaviors are continuing, from our point of view. from our point of view, those people are no longer qualified to sit in that seat. this is a serious warning from the deputy supervisor of the central bank of hata to the bank's board of directors about a violation of the inspections that have been carried out by a series of banks, which of course are not many . we gave the banks two weeks. that in these two weeks , those banks that do not comply with their deposits will be corrected and the deposits with high interest rates will be canceled. in the next month , there will be more supervision on the transfer of deposits. in fact, during this period, they will comply and cancel it . it is possible that these deposits will be sent

rule about zero commission there are two exceptions: first, if the operation takes place at a bankh, since this is more labor-intensive, the second, if you transfer using a card number rather than a phone number, but in this case it is no longer an sbp. before transferring money and confirming the operation in your mobile application, a person should once again pay attention to which phone number he chose, huh? what system he chose, for example, if a person wants to transfer money using the fast payment system, then he selects a phone number, his or his friend’s, to whom he wants to transfer, be sure to use the transfer by phone number, options, where the logo of the fast payment system is displayed, if the client makes a transfer to himself between different banks, in his mobile application within the limit established by law, i repeat, this is up to 30 million rubles. then in the commission section there should be a zero, because these transfers to yourself in different banks, in accordance with the law, are free. the limit on transfers to other people is 100,000 rubles per month

banks. thetors believe that the bank of china's decision is due to the fact that it is simply afraid of secondary american sanctions. the newspaper's sources say there will now be additional costs in terms of time and payment processing costs. in addition, payments go beyond the banking sector, which means the state will have less. towards intermediaries, except for a commission of 3-5%, with such there are also currency risks in the schemes; if the money is stuck, they will of course be returned in rubles, but at what rate it is not clear. all this confirms the message that russian importers have recently had more and more problems with payments through seemingly friendly chinese banks. and another confirmation of these problems is that in the last month... the 2 ruble has noticeably strengthened, which, as analysts noted, was caused, among other things, by a fall in demand for currency from importers. the council of the european union approved the fourteenth package of sanctions against russia

, where did it come from, the discontent of the banks, the discontent of the banks. cessary and passed there and all the judicial courts in its jurisdiction. in the secondary area , it is revised and at all stages, the dedicated branches in even the big cities of the center only deal with bank cases so that we can prevent defaults , which is liquidity and growth of liquidity. the banking system should determine this rate for investment. let's specify the interest corridor . if today's interest is unfortunately in some other decisions, they say 30%. for some projects , the finished price will be 36.37. in your opinion, if the rate the benefit is whether production takes place in the country , never in production, even in the capital market, does anyone benefit from capital 36 today in the capital market ? well, this does not bring economic growth and sustainable growth at all, or are we in the field of payment of corrections , especially for the field of production ? it is true that we say that there is a problem with the growth of liquidity, which is a problem, but if

the central bank used to control us. we had defects in the law.the central bank has the necessary power and the ruling has come there, and all the judicial courts in the first district and the secondary district have reviewed it and in all stages of the special branches in even the big cities of the center, only the cases they are taking care of the bank so that we can prevent the failure, which is the growth of liquidity. one of the other important things that we have to do in reforming the banking system is for capital. let's determine the task and determine this interest corridor rate. if today's interest is unfortunately 30% in some other decisions. for some projects, the real price of which is completed is 36 37. in your opinion, if the interest rate is this , will production take place in the country, never in production, even in the capital market, does anyone benefit from 36 capital today in the capital market? economic growth is not sustainable at all, or we are right in the field of payment of repairs, especially for the production field

with that in mind, i want to take you to the french banks. interesting part of the french market. we saw, for instance, shares of bmp and others throughout pressure through the week and week-to-date performance suggests the shares down more than 12% and socgen down 15% and credit agricole down 11%. we will see how today's trading session is going to perhaps change the numbers here but, nonetheless an eventful week for the french banks. with that in mind, take you to this. another part of the market that has seen significant ramifications this week in the wake of some political developments. we saw the european commission announcing preliminary tariffs on chinese evs and that has actually put a lot of pressure on some of the european alto names. week-to-date, here is a look. we know the german government has actually put a little bit of pressure really on the executives in brussels to make sure that the tariffs were not going to be too significant, of course, because of the business links here, but let's see what will happen in the coming mont

i the bank of england will move cuickl ? ~ , the bank of england will move cuickl ? ink they cannot ignore the headline inflation is _ quickly? i think they cannot ignore the headline inflation is at - quickly? i think they cannot ignore the headline inflation is at 2%, - the headline inflation is at 2%, it's come a long way and it has seen enoughin it's come a long way and it has seen enough in the data that it leaves that more confidence that it can cut rates. we think our view is the bank of england will cut rates soon. we think tomorrow's meeting is not the live one because of the election, but we think that august might be the first time that the bank of england moves to cut rates. but then the question here is about the scale of the easing and how much of the rate cuts we will see this year. and then i go back to the bit about the services inflation where it still persistent and the bank of england need to see a little bit more. it will start in august but it will probably only cut rates by 50 basis points, so that's in august and then in november. it is points,

everything that the national bank planned for its part. ancial stability, including at the macro level, pavel kalaur will call the task accomplished. the regulator has an extensive toolkit for this, along with classics and non-standard tools. the chairman will not hide it. everything was in motion, the main thing was to contain the pressure of pro-inflationary factors and effectively respond to external challenges, here, as they say, all means are good, in the end not only...

with the central bank of russia. onishchenko and roman felutich, area of ​​interest. and now about the social projects of banks. so the development bank donated 22 cars. assistance to medical organizations in the country. hospitals and clinics in different regions from pinsk to nesvezh, this is the final batch within the framework of a large three-year project that included. transfer of 6 cars. about the social responsibility of business and the work of the development bank in the first half of the year, report by anton malyuta. he's up to date. the area near the bank development building that day looked like a large medical car park. the cars have arrived to the center of minsk in order to disperse to various parts of the country after the ceremony. this and... the principle of who needs it most, of course, no one was left without attention, given that the entire three-year project included the transfer of 6 cars, all of them of belarusian production from a peacock smear, localization is about 80%. the head of state

and the xm bank. i think we are in a position now where we can find a way to as you mentioned here, president trump signed into law the reauthorization as part of the legislation. it was established with a goal of the statutory lending to counter china. your testimony was that it was 2.4 and almost 3 your strategy for mr. chairman we e of urgency about the work we are doing. our strategy has been as we review the transformational exports, we have seen signve been doing in everything from renewable energy, 5g, as well as in the work of water and sanitation. our strategy has been that we are looking to use all of our compete with china. as well as to build and keep manufacturing here in at the 10 specific sectors, everything from ai to financial technology and renewable energy, we ar as we can to work as a whole government in looking for bankable projects. >> as you go through all of this here, 10 transformational export areas. when you look at changes in the program, should we add more areas? that is on

i always call them the small business bank. business, it takes lakhs of little businesses to get the parts ■í!. there is a ripple effect that affects lots of small businesses. we have the aian of the small business committee with us today. it is a big deal to have you with with that, we welcome the teimy president chair of the board of directors of the xm bank. do an overview of the past. with that, we thank you for taking the time to be . ■f■p you are recognized for five minutes to give oral testimony. and will be made part of the record. a quick overview and tutorial here on the light system. when it d, that is a stop sign. when you hear me like that, if you can wind move on. as we indicated earlier, at 10: with that, you are recognized for five minutes. please turn on your microphone. ms. lewis, there we go. pull the microphone close to you, please, that box does move, please click close to ■ you. >> members of the subcommittee, thank you for inviting me to ex bank of the united states. intensifying competition with the 's r