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Russia’s largest commercial bank, Sber has launched a Bitcoin-linked bond product that tracks the cryptocurrency’s change in ...
Meanwhile, Sberbank announced Tuesday it would quit the European market "in light of the current situation." "The group's subsidiary banks have faced an exceptional outflow of funds and a number ...
“In light of the current situation Sberbank has taken the decision to withdraw from the European market,” it said. Late on Tuesday the EU’s Single Resolution Board announced that the ...
It is right in the centre of Moscow’s political and cultural life. Sberbank, by contrast, is based in a complex of towers about 20 minutes’ drive by car (if the traffic is light) south of the city’s ...
"He [Putin] believes in us." Still, Gref and his team have been lucky to have more of a green light from Putin to do what they want at Sberbank, just as the financial crisis suddenly made Sberbank’s ...
Oracle’s creditors in Russia included Sberbank, Alfa-Bank, and MegaFon. According to RBC, the company’s total debt exceeded 1.4 billion rubles ($14.3 million). A condition of Oracle’s debt repurchase ...
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Russia’s Sberbank posts record profit of $5bn in 1Q25Russia’s largest bank Sberbank (Sber) increased its profit by 10% year on year to record-high RUB436bn ($4.7bn) in 1Q25, making a return on equity of 22%, according to the bank’s announcement.
Sberbank’s annual profit came at 270.5 billion rubles ($3.57 billion), down 78.3% from 2021 and around 30 billion rubles ($396 million) lower than what it reported for 2022 under Russian ...
Dec 22 (Reuters) - Sberbank (SBER.MM), opens new tab could be an attractive candidate for privatisation, German Gref, CEO of Russia's biggest bank, said on Friday, as the government looks to ...
MOSCOW (Reuters) - Russia's largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year to 110.1 billion roubles ($1.51 billion), due to restrained growth in expenses ...
Russia’s dominant lender Sberbank reported a nearly 80% plunge in 2022 net profit Thursday as sweeping Western sanctions rattled Russia’s financial sector in what the bank’s CEO called ...
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