Tag: Central Bank
How to use credit vacation
The Bank of Russia urged borrowers whose incomes fell sharply from the epidemic of the coronavirus, to consciously enjoy the right to vacation credit. Also, the Central Bank called for a balanced spending
The Bank of Russia explained the procedure of interest accrual in the period of...
Deferral of payments under the new law is not free: during the grace period continue to accrue interest, which increases the amount owed. To use this mechanism should only in extreme case
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AI in Financial Services: Transforming Banking, Investment, and Risk Management
FintechZoom.io has been tracking the rapid advancements in Artificial Intelligence (AI) and how they are revolutionizing financial services. From banking automation to fraud detection...
