UrBC, Moscow, September 29, 2016. Despite the inflation rate slowing down a bit in August, people’s factual pay kept going down for the second month in a row both in annual and month-by-month comparison terms, Finmarket refers to the Central Bank’s August reports as stating. Pay rise practices are growing increasingly more heterogeneous: for one, the difference in how salaries and wages get adjusted in the private and public sectors is now greater than ever. The public sector employees’ pay goes up most slowly and least noticeably. The unemployment rate declined from 5.6% in May and June down

UrBC, Yekaterinburg, September 29, 2016. The share of non-performing loans in the overall amount of consumer loans issued in Sverdlovsk Region now comes to 20.84%, National Credit History Bureau reports. All in all, the area’s consumer loan market rose by 36.75% in the course of this year. ‘Micro-financing policies vary from one federal constituency to another, depending on the specific risks that matter both to market players and to their customers. Micro-financing organizations operating in high-risk territories need to pay special attention to their risk procedures when considering

UrBC, Yekaterinburg, September 29, 2016. 21,835 new automobiles were sold in Yekaterinburg in January through August 2016, which was 24% less than one year earlier, Auto-Dealer-Yekaterinburg reports. Sales dropped by a quarter in August, with sales figures at 3,088 new cars. This is the second best month for the industry this year so far, only June sales (3,183 cars) looked better. Lada remains the market leader and keeps leaving its rivals behind. Renault is gradually outstripping Toyota as the most popular foreign brand. Additionally, Hyundai also made it to the list of top three best

UrBC, Yekaterinburg, September 29, 2016. Metcombank is now using National Credit History Bureau’s data on a particular loan applicant in its own decision-making system, the bank’s press service reports. The mathematical model that the bank’s scoring system is based upon was designed by the company FICO. Incorporating the Bureau’s data in their own procedures will protect the bank against unscrupulous borrowers, enhance retail lending efficiency, and provide better service for bona fide customers. ‘The Bureau’s industrial scoring test results proved a very efficient tool in

UrBC, Yekaterinburg, September 29, 2016. Ural Vagon Zakod Corporation presented its transportable armored vehicle repair depot at the 2nd International ADEX 2016 Exhibition in Azerbaijan, the company press service reports. The company Director-General Oleg Sienko told Azerbaijan’s President Ilham Aliyev about their new product. President Aliyev looked at the portable wind machine that supplies electric power for the depot and went to the pavilion where a life-size sample of the corporation’s T-72 tank with a new fire control system is on display. ‘Our repair depot is a full-fledged,