Bets in banks, DiDi delisting, sale of currency by banks: digest

Top 10 deposit rates. DiDi will convene a general meeting of shareholders to vote on delisting from the NYSE. From April 18, the Central Bank of the Russian Federation allowed banks to sell foreign currency to citizens. notable events, How the SPB Exchange works April 18 On Monday, April 18, exchange trading on the SPB Exchange will be held according to the following schedule: from 10:00 Moscow time — TCS Group, FixPrice and SPB Exchange securities; from 14:30 Moscow time — securities of 50 international companies listed inusa ; from 15:00 Moscow time — other securities of international companies listed in the US, except for Yandex, Mobile TeleSystems, Ozon, Cian, HeadHunter and Nexters.

Also on April 18, from 15:00 Moscow time, investors will have access to the units of the IPIF of market financial instruments "Industry of the Future" and the closed-end mutual investment fund "Initial Placement Fund". Trades and settlements in other securities   will not be held on April 18.

On the Moscow Exchange, trading will be held according to the rules of the previous week.

SPB Exchange announced changes in the trading mode on April 15 and 18 SPB Exchange, Moscow Exchange,  RUSSIA

Top 10 rates on deposits and savings accounts

The average rate of the 54 largest depository banks on deposits for a period of one year in the amount of ₽100 thousand as of April 18 is 9.15% per annum, according to the FRG100 index.

The most favorable deposit rate as of April 18, 2022 is 22.83% per annum.

Top 10 banks with high effective rates on deposits and savings accounts as of 04/18/2022:

Novikombank — up to 22.83%; BBR Bank - up to 22%; Gazprombank - up to 21%; Sinara - up to 21%; Promsvyazbank - up to 21%; Loco Bank — up to 21%; VTB — up to 21%; Tavrichesky Bank - up to 20%; Moscow Industrial Bank - up to 20%; Freedom Finance - up to 20%.

Source: Banki.ru financial marketplace (the effective rate is calculated using the Banki.ru methodology and is not an offer, detailed conditions are in credit institutions).

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Russian currency

From April 18, the Bank of Russia allowed banks to sell cash currency to citizens, the press service of the Central Bank reported earlier.

This opportunity will be valid from April 18 to September 9, 2022. However, as the regulator clarified, banks can only sell the currency that has been in cash since April 9.

Promotions

The Chinese service DiDi will hold an extraordinary meeting of shareholders, where it will vote on the issue of delisting from the New York Stock Exchange (NYSE). The meeting is scheduled for May 23rd.

DiDi is going to leave the exchange 11 months after the IPO. The company debuted on the NYSE on June 30, 2021. The taxi service raised $4.4 billion by selling 317 million American Depositary Shares (ADS) for $14 a share.

However, two days after the IPO, China's Cyberspace Administration (CAC) launched an investigation into the company. The Chinese authorities have questioned the security of personal information collected by the company. Later, Chinese regulators demanded that the DiDi app be removed from virtual stores. The pressure of the Chinese authorities led to the sale of securities - at the end of December last year, they cost less than $8, and by the end of trading on April 14 - $2.46 per share.

Didi management also said it would not apply to list its shares on any other stock exchange until the delisting is complete. Earlier it was reported that the service plans to conduct an offering on the Hong Kong Stock Exchange (HKSE).

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financial statements

Bank of America : 1Q 2022 financial results, before market opening, adjusted EPS forecast of $0.75, revenues of $23.18 billion
Bank of NY Mellon : before market opening, adjusted EPS forecast of $0.87, revenues of - $3.96 billion

Last day to buy shares for dividends and other important events

Dell : last day to buy shares at a dividend of $1.32 per share; due date is April 29th.
Lowe's : $0.80 dividend per share; due date is May 4th.

X5 Group : Q1 2022 operating results. April 18 is a public holiday in Europe due to the Easter holidays . The main stock markets of Great Britain, Germany and France will be closed. In the US, trading will take place as usual. How the previous trading session ended Moscow Exchange Index : 2424.99 (+0.84%) RTS Index : 955.46 (+0.53%) A financial instrument used to raise capital. The main types of securities: shares (gives the owner the right of ownership), bonds (debt security) and their derivatives. More