New Islamic Investment Center Opens Under Dagestan Muftiate
framework of Russian legislation.The opening ceremony was attended by representatives of the Muftiate, regional government agencies and the Central...
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Twelve Dagestan State University Students Win National “Alfa-Future” Scholarship Program
The program, organized by Alfa-Bank, offers a monthly stipend, access to internships and advanced training and eligibility for research grants up to R...
Dagestani Businesses Increase Bank Borrowing by One-Third — Central Bank Reports
total business loans in Dagestan have reached nearly RUB 56 billion, marking a 34% increase over the same period in 2024, according to the Central Ban...
Dagestan Records Price Increases for New and Used Cars in October
According to an inflation analysis by the Central Bank, prices for new and used passenger cars in Dagestan rose in October.
Russian Messenger MAX Breaks Audience Record in November
The "Partner Platform," launched in October, has already united 7,000 companies, including VTB, Alfa-Bank, TSUM, and Ozon.
Dagestan, together with Iranian bank, to expand financial services that adhere to Sharia law principles
Khadzhimurad Israpilov, Director of the Agency for Entrepreneurship and Investments of Dagestan, recently hosted a delegation fr om Mir Business Bank
Makhachkala Seaport discuss cooperation options with Mir Business Bank JSC
Mir Business Bank, currently operating branches in Astrakhan, Kazan and St.
First salaries in digital rubles paid in Russia
the initial budgetary transaction utilizing digital rubles, marking a significant milestone in the pilot program collaboratively undertaken with the B...
Business loan portfolio grows by almost 30% in Dagestan
The Central Bank attributes this positive lending trend to investments in tourism infrastructure and facilities within the republic.
Hotel worth RUB 250 million to be launched in southern Dagestan
Financing includes a RUB 100 million loan from SME bank, with the total project cost estimated at RUB 250 million.
Dagestanis spend RUB 1.8 billion for fuel in six months of 2025
and diesel, representing a surge of more than one-third compared to the corresponding period in the previous year, as per analysis conducted by Saving...
Total amount of bank savings increases to RUB 155 billion in Dagestan
As of July 1, 2025, bank deposits held by residents of the Republic of Dagestan totaled RUB 155 billion, reflecting a 9.7% year-on-year increase.
Demand for residential property in Dagestan experiences decline
The Bank of Russia's July "Regional Economy" report indicates a slowdown in Dagestan's residential real estate market during the second
Dagestanis trend to withdraw funds from bank accounts
Data from early June indicates that individuals in the republic hold approximately RUB 152.6 billion in bank deposits.
Advancement of Islamic finance discussed at St. Petersburg International Economic Forum 2025
This led to the opening of Ak Bars Bank's first branch in Kaspiysk in May 2025.