Russian bank Sberbank stopped issuing student loans, because of the Ministry of Education and Science program optimisation. Now it depends on the Ministry, how quick they will make all the changes and students will be able to apply all the necessary documents for the credit, that should pay the education, study materials, food and lodging. Sberbank hopes, that all changes in the law will be made until September and students will be able to apply before the new school year begins.
From the beginning of January, Sberbank stocks decreased by 8,5% and continue to fall. This is a great trend for traders to make prognoses. Trading will be available during Moscow session, from 7:00 to 14:00 GMT.
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