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More than a quarter of Russians do not understand loans and borrowings
More than a quarter of Russians find it difficult to figure out how to use borrowed funds, as evidenced by the results of a nationwide survey of the NAFI analytical center. 18% of respondents have difficulties with loans and another 10% with microloans. And the most difficult to understand financial services are investment: about 41% of respondents believe that they are the most difficult to understand. Insurance, bank deposits and deposits, as well as bank cards can be called the services most understandable to the population: only 8%, 7% and 4% of respondents noted difficulties with them, respectively. Continue reading
“Money is the best motivation”
UFG Wealth Management is the first independent family office in Russia. The company was founded in 2005 as a new direction in the investment company UFG Asset Management and in 2006 transformed into a separate business. Over the next 10 years, the company opened offices in Cyprus and Luxembourg, launched two hedge funds in Bermuda, increased revenues by more than 10 times, and Oksana Kuchura became a full partner with two male experts. Here are her 10 commandments for a successful career.
1. Think about how you will make money
Formulate realistic, but not very achievable goals at this stage and think of steps for their implementation, so that in a few years you can satisfy your basic necessities of life. No need to rely on dad or a rich husband. Continue reading
Smart money. Six major financial technologies this year
The Forbes Fintech 50 allows you to understand how the fintech market is changing and what ideas will be in demand on it in the coming years
In 2017, the total investment in fintech – “smart” online services that help ordinary users and professional market participants manage finances – amounted to $ 27.4 billion, according to Accenture consulting company. This is 18% more than in 2016.
According to the compilers of the list of the most promising fintech projects of The Forbes Fintech 50 – 2018, in the US financial services are already formidable rivals to the local banking sector with a market capitalization of $ 8.5 trillion. Continue reading
