Modern Problems and Results of Digitalization in the Russian Banking Sector
Personnel accounts for 46% of IT expenses in TOP 10 banks in 2025, whereas software and licenses represent 40% of IT spending for banks ranked 51 to 100.
Central Bank of the Russian Federation
Central bank · RU · 2 documents
Key number
$3 billion USD
Russian venture capital investment volume in 2021. Theoretical economics p.3
Alternative Financing for Innovative Startups
A survey of 500 Russian technology companies by Baza.vc showed that 62% had not raised external financing, 29% received investments, and 10% obtained loans.