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Sector Analysis
Wealth in Russia: HNW Investors 2017
GlobalData’s "Wealth in Russia: HNW Investors 2017", report analyzes the Russian investment market, with a focus on the HNW segment. The report is based on GlobalData’s proprietary datasets. Typically, Russian HNW investors are men over the age of 40 who have sourced their wealth through the mining and oil or construction sectors. Recent political and economic instability has driven more investors to ask for professional advice; however, they are still reluctant to relinquish control completely, preferring advisory mandates. Cash and...
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Sector Analysis
Consumer Payments Country Snapshot: Russia 2016
The Russian payments market is showing significant change as it slowly moves towards digital payments. In spite of cash playing a dominant role, new payment technologies will progressively gain in importance, with mobile payments and online commerce expected to contribute to increasing the level of electronic payment adoption in the Russian market. The modernization of the payments infrastructure and the creation of a National System of Payment Cards will support the transition to cashless payments. This report examines the consumer...
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Analyst Opinions
Retail Banking Country Snapshot: Russia
Russia’s economic crisis continues to negatively impact the market. Russian consumers have shown a preference towards conservative banking practices that can provide them with added security and stability amid a market in turmoil. Consumers favor providers that have a good reputation and with whom they have an existing relationship. Fintech providers are well known.