The largest Russian banks reduced the rates of ruble deposits

During the last week 5 of 10 Russian banks reduced the rates of ruble deposits. According to experts, banks are preparing for another reduction of the key rate.  

From the 31th of January Sberbank reduced the rates of deposits from 0.1 to 0.25% in the retail segment from 2.95–4.65% to 2.7–4.5% depending on the amount and term of investments. Russian Agricultural Bank on the same date reduced deposit rates by 0.1-0.45 percentage points, the maximum percentage in retail fell from 6.4 to 6% per annum (for a deposit for 4 years with interest paid at the end of the term) . December 29 rates at 0.05-0.2 percentage points VTB reduced it to 4.55% but retained its nominal rates of 5.41-5.68%.

The FAS initiative provides for the withdrawal from industry participants of the antimonopoly immunity actually applicable to them
However, the Ministry of Communications and Mass Media opposed the FAS initiative to extend competition regulation to developers.
Demand for portable devices grew by 90% in 2019
According to “Eldorado” and “M.Video”, Russians spent nearly 240 billion roubles on wireless gadgets in 2019. Of which, 32 billion rubles formed a carrying device – smart watch, fitness bracelet, etc.
MasterCard is changing the CEO
The payment system MasterCard has reported that from the 1st of January their SEO will become Michael Miebach, currently chief product officer. The current SEO of MasterCard, Ajay Banga, who has been working as a SEO for 10 years is to become a Chairman of the Board of Directors.