search query: @author Mellow, C. / total: 9
reference: 8 / 9
| Author: | Mellow, C. |
| Title: | College chums go banking |
| Journal: | Euromoney
1994 : SEP, p. 80, 86 |
| Index terms: | BANKING RUSSIA |
| Language: | eng |
| Abstract: | What happens when a bunch of frustrated physisists set out to run a bank? They find ways round Russia's creaking payments system and a paper solution to inter-company debt - well, nearly. These guys are smart and having fun. Among daunting impediments to the rebuilding of Russia's economy is the enormous unpaid debt piled up between enterprises. Even companies that should be profitable have no money because their customers can't pay them. They, in turn, don't pay their suppliers. |
SCIMA