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Posts Tagged ‘gurdgiev’

Russian Banks Credit Supply to SME

May 19, 2012 Leave a comment

Dr. Constantin Grudgiev

Moody’s latest note on Russian banks, titled SME Lending in Russia: Growth Supports Profitability, but Cyclical Credit Risks Remain is available in Russian.

The note argues that since 2010-2011, Russian banks’ origination of credit to SMEs has grown on the back of banks’ strategic expansion within the SME sector that sees growth in lending to SMEs exceeding that for larger corporates. Read more…

Russian Economy – Inflation & Monetary Policy

May 13, 2012 Leave a comment

Dr. Constantin Gurdgiev

Russia’s central bank (CBR) refinance rate was affirmed at 8.00% last week, with the overnight deposit rate at 4%, the minimum auction repo rate at 5.25% and the fixed repo rate at 6.25%. Per Danske Markets, “the CBR stated that it views rates as being acceptable for the coming months as inflation pressures arise in H2 12.”

Read more…

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Moody’s Confirms Russia’s Rating and Notes Economic and Institutional Constraints

March 16, 2012 Leave a comment

By Dr. Constantin Gurdgiev.

In its annual credit report on Russia, issued on February 29, Moody’s Investors Service confirmed Baa1 rating and stable outlook for Russian Government bonds, pointing that investment grade ratings for the country are supported by “high financial strength, but constrained …by the country’s moderate economic strength, its low institutional strength and its rising, albeit still low, susceptibility to event risk”. Read more…

Ireland-Russia bilateral trade, September 2011

December 19, 2011 Leave a comment

Dr. Gurdgiev: Irish exports to Russia totalled €46.9 million in September, up 61.2% yoy, against Irish imports from Russia of €7.8 million, up 14.7% yoy.

Read full post at trueeconomics.blogspot.com.

Russia’s accession to the WTO – opportunities for Irish exports & investment

November 18, 2011 Leave a comment

Dr. Constantin Gurdgiev:  “The market potential for Irish trade with Russia is in the region of €1.3-1.5 billion or roughly double the current levels of exports; for Irish investment into Russia is in the region of €1 billion per annum. There is also a huge potential for Russian investment into Ireland. In recent years, Russian investments into EU have been increasing from about €3 billion annually in 2008 to the expected volume of €4.1 billion in 2011. But Ireland remains off the map for Russian investors with just two Russian-owned companies being clients of the IDA.”

Read full article on trueeconomics.blogspot.com.

 

Related News

WTO Working Party seals the deal on Russia’s membership negotiations

Nov 10. Russia’s accession to the WTO cleared a major hurdle when the WTO Working Party on its accession approved, ad referendum on 10 November 2011, the package spelling out Russia’s terms of entry to the organization. The Working Party will now send its accession recommendation to the 15 —17 December Ministerial Conference, where Ministers are expected to approve the documents and accept Russia as a WTO Member.

 

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Russian Economy – Summary 2011

November 18, 2011 Leave a comment

Dr. Constantin Gurdgiev’s concise but comprehensive overview of Russian economy on trueeconomics.blogspot.com.

Promoting Ireland: Constantin Gurdgiev Interveiw with Voice Of Russia

April 18, 2011 Leave a comment

The Voice of Russia, country’s radio broadcast in 38 languages, interviewed Constantin Gurdiev, IRBA chairman, on Ireland-Russia trade and economic relations.

http://english.ruvr.ru/2011/03/23/47865338.html

Promoting Ireland: Constantin Gudgiev Interview with Interfax

January 26, 2011 Leave a comment

Interfax, Russia’s second largest news agency, has published an interview with Constantin Gurdiev, IRBA chairman, where he discussed the real strength of Ireland and the opportunities it presents.

http://www.interfax.ru/txt.asp?sec=1483&id=174612

The interview is published in Russian.

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