Sberbank became the main owner of the clothing network Concept Club

Sberbank received 51% in the Concept Group, to develop the clothing network Concept Club and Acoola. The stake was collateral for the loan service which the company has any problems. Previously, the controlling shareholder was AFK “Sistema”

Photo: Vladislav Shatilo / RBC

Sberbank became the owner of 51% in Cyprus Rangecroft Limited, which owns retail clothing chains Concept Club and Acoola (the holding company Concept Group, LLC “the Concept group”). Appropriate changes have been made in the Cyprus register of October 15. While this change of control was in AFK “System” Vladimir Yevtushenkov — now it has reduced its stake from 63.28 to 42,88%. Also decreased the share of White Park Holdings Ltd, co-founder of the group of Lars Petterson — from 12.5 to 6.12%. Of capital is completely out of the company Lenox International Holdings Ltd, representing the second of the founder, Leonid Khanika — she belonged to 24,22%.

In AFK “System” RBC confirmed the information about change of structure of shareholders. Contact Pattersona and Hanekom failed. Sberbank declined to comment.

As Sberbank was in clothing retail, is understood to RBC.

The curator of electricity at the energy Ministry resigned on the background of the case Turcan

Deputy Minister of energy Vyacheslav Kravchenko resigned. In the summer he was searched on the case of espionage, which accused the former top-Manager of “inter RAO” Karina Tsurkan

Vyacheslav Kravchenko

(Photo: Sergey Bobylev / TASS)

Deputy Minister of energy Vyacheslav Kravchenko resigned, told RBC two Federal official and confirmed by a representative of the Ministry of energy. Kravchenko dismissed by order of Prime Minister Dmitry Mededeva on 14 November at his own request, he added.

Sam Kravchenko answered the questions of the RBC.

Responsibilities Kravchenko will perform, Deputy Minister Andrei Cherezov, said one of the interlocutors RBC. The representative of the energy Ministry does not comment on it.

The head of the Rosselkhoznadzor warned the risk of a collapse in milk prices in April

If dairy products will not be included in the system “mercury”, in April of 2019, the market is waiting for the collapse of purchasing prices for milk, warned the head of the Rosselkhoznadzor Sergey Dankvert. Milk producers the prerequisites for this do not see

Photo: Vyacheslav Prokofyev / TASS

The milk market is waiting for the collapse of purchase prices in April 2019, if dairy products will not be included in the system of electronic veterinary certification on the basis of the FGIS “mercury”. This was stated by the head of the Rosselkhoznadzor Sergey Dankvert at the meeting concerning export of animal products, reports RBC.

“If at the beginning of 2019 dairy products will not be included in the electronic system of traceability, “mercury”, in April, you can expect a collapse of prices on the Russian dairy market”, — said Dankvert. We are talking about purchase prices, said the Rosselkhoznadzor.

As explained by the head of the Rosselkhoznadzor, free and uncontrolled movement of dairy products in the framework of the EAEC and the high level of milk adulteration on the domestic market creates unfavourable conditions for the development of the dairy industry in the country. The situation, according to Dankvert, is compounded by the fact that the part of the CPS, there is no clear system of control, and the movement of finished dairy products in the system “mercury” can not be traced. In the dairy market need to restore order, otherwise, to speak of fair competition simply impossible, he adds.

Nabiullina called methods of dealing with risks to financial stability

In the amplification of external shocks, the Bank of Russia to cope with them and prevent, if necessary, risks to financial stability, says Elvira Nabiullina. As the Central Bank plans to do this, she told the Congress in Kazakhstan

Elvira Nabiullina

(Photo: Evgeny Reasonable / statements / TASS)

Chairman of the Russian Central Bank Elvira Nabiullina said that with the possible strengthening of external shocks, the Bank of Russia, in its opinion, will be able to locate risks to financial stability. This position it expressed at the Congress of financiers of Kazakhstan, reports “RIA Novosti”. During his speech, the head of the Russian Central Bank also said the regulator plans to deal with possible difficulties.

“We have already used these tools and sure that you will be able in a timely manner to stop the risk of financial stability in a situation the possible increase of external shocks”, — said Nabiullina.

For example, one of the tools to maintain financial stability in Russia, said the head of the Central Bank, was suspending purchases of foreign currency in terms of the budget rules.

The Ministry of Finance placed OFZ in the background data about the delay of new sanctions

The Ministry of Finance for the first time in a month placed the declared volume of Federal loan bonds (OFZ) — two issues to 10 billion rubles. location of the public debt was helped by the information that the decision about new US sanctions against Russia delayed

Photo: Ramil Sitdikov / RIA Novosti

The Ministry of Finance in the course of the auction 14 Nov placed all planned volume of debt — two issues of Federal loan bonds (OFZ) for 5 billion rubles each. The volume of demand of the first issue maturing in November 2022 amounted to 12.2 billion rubles for the issue maturing in December 2021 — 15.5 billion rubles. Weighted average yield of longer bonds (floating coupon) was 7.86% per annum, and the shorter of 8.43%. It went without a prize.

Today for the first time since 22 Oct OFZ average yield came to 8.74%, according to the index of government bonds RGBI. In the last 20 days, they, on the contrary, have grown on negative sanctions rhetoric from the United States from 8.44 to 8.89% (to 13 Nov).

The head of the IMF called on Central banks to think about the release of their digital currencies

According to Christine Lagarde, the world is changing fast and money needs to change with it. The head of the IMF is confident that Central banks can provide modern digital economy safe and comfortable with digital money

Christine Lagarde

(Photo: Andrew Harrer / Bloomberg)

What is happening in today’s world change is change and the role of money, the demand for cash is declining rapidly, and it is possible that in some 20-30 years to pay them would be virtually impossible, warns the head of the International monetary Fund (IMF) Christine Lagarde. Speaking at the FINTECH conference in Singapore, Lagarde urged Central banks of different countries already, to think about issuing its own digital currency.

“We are the world of information, where data has become the “new gold.” And this means that the money itself must change. We expect that they will be more comfortable, perhaps even, will look not so serious. We expect that they will be integrated with social networking, available online and suitable for payments between individuals, including micropayments. And, of course, we expect that all this will be cheap, safe and protected from criminals and prying eyes,” said Lagarde.

According to her, the Central banks must be ready to fill the gap arising from the withdrawal from the market of cash, because only the state can provide a digital economy is not just convenient, but also guarantees the safety of users and society as a whole money. In particular, according to Lagarde, issued by the Central banks digital currency in the digital world could be “cheap and effective” alternative to payments by large private companies, and to prevent monopolies.

The Central Bank revoked the licenses of two banks of the top 300 and top 500

The regulator has forbidden to carry out operations of the MIND Bank, which in terms of asset size is 293 th place in the Russian banking system, and regional joint-stock commercial credit institution “Moscow” (431 -)

Photo: Alexey Zotov / TASS

The Bank of Russia withdrew the license of the credit organization “MIND Bank”, held at the beginning of November by total assets 293 th place in the banking system of the country. In addition, the regulator imposed a ban on operations in terms of regional joint-stock commercial Bank “Moscow”, which, according to statements of 431 took place in Russia.

Explaining his decision regarding the MIND-Bank, the regulator indicated that the credit organization took unfair the decision, namely the conduct of the transaction for the withdrawal of liquid assets to the detriment of the interests of creditors and depositors. Information about these operations, the Central Bank promised to send to law enforcement agencies, since they have signs of violations of the Criminal code.

In addition, the Bank:

Why the Central Bank intends to withdraw the savings Bank from-under restrictions on the mortgage

The Central Bank will ease restrictions on issuing mortgages with a down payment of 20% for banks, evaluating credit risk based on internal ratings. For a benefit claim savings, it will allow him unlike competitors not to raise rates

Photo: albert Garnelis / TASS

Central Bank develops a normative act, relevant to the particular application of the limits on mortgages with low initial payment (less than 20% of the loan amount) for banks that use the approach to calculation of credit risk based on internal ratings (ISD), told RBC in the press service of the regulator.

Its necessity stems from the fact that in the internal rating models of banks risks inherent in the allowances of the regulator may be partially taken into account, noted in the TSB. The only Russian Bank, which the Central Bank a year ago was allowed to go to PVR, Sberbank.

Indulgence for sensitive borrowers

Tmall revealed sales in Russia the world day of shopping

The Russians were more likely to make orders in Tmall on singles Day. This year on 11 November the number of orders on the site compared to 2017 increased two times

Photo: Grigory Sysoev / RIA Novosti

The number of orders from Russia in the online store Tmall (included with AliExpress at Alibaba Group) during the world day of shopping, or singles Day, compared with last year increased by 102%, told RBC in the press service of the company. At the same time Russian celler in the marketplace number of orders that day increased by 76%, said the press service.

Singles day — the Chinese holiday that is celebrated on 11 November and devoted to people who are not married. On this day, AliExpress and others joined the “celebration” retailers traditionally hold sales similar to black Friday in the United States.

In Russia Tmall, as explained by its representatives, is divided into two businesses: a part of the goods platform buys and sells itself, and the other part “takes” partners-sellers. Thus, the number of orders from the Russian seller in the online store compared to the 11 November 2017 this time increased by 76%. All in all, the number of orders from Tmall, compared with last year’s singles Day has increased by 102%.

Putin urged to ensure the optimum price for oil of $70 per barrel

The President did not say whether to limit oil production, but said it should be “optimal” for producers and consumers — in the neighborhood of $70 per barrel

Photo: Andrey Rudakov / Bloomberg

It is necessary to ensure the optimal price of oil for consumers and producers, the President of Russia Vladimir Putin. This statement was made by Putin at a press conference in Singapore, reports “Interfax”.

“We need the optimal price for both producers and consumers. Here’s what is now, what was quite recently — about $ 70 per barrel, we are quite satisfied,” he added.

The President did not say that production must be limited, noting that it is sensitive for the Russian budget question.