Sberbank is aiming to claim a 5% market share in Hungary after becoming the 100% owner of Austria's Volksbank AG (VOW.XE) and its subsidiaries in central Europe, Sberbank director of strategy and development Valentin Mihov said. Sberbank concluded the...

Gazprombank in roubles, dollars or euros was approved by Rosneft's board of directors, the company added. Russian corporate borrowers are now switching more to local banks to raise cash as tough conditions on external markets, affected by lingering...

rubles ($226.3 billion) will be not enough to solve the city’s transport problems. ( Vedomosti ) Social policy promises Prime Minister Vladimir Putin is making during his election campaign will cost the budget at least 5.1 trillion rubles ($169.7 billion) for six years, according to an assessment by Sberbank’s macroeconomic research center. ( Vedomosti ) The United States is ready to exclude Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which could turn out more harmful to the Islamic Republic than all the previous economic sanctions against it. ( Rossiiskaya

The first place in the magazine’s ranking went to the world-famous computer giant Apple Inc. According to the magazine’s estimates, $ 100, invested into Sberbank 10 years ago, would now be worth about $ 3,722. The corresponding figure for Apple is $...

What’s most interesting is that of the top 10 large caps that returned the most bang for a buck, 60% of them were in Brazil, Russia and China. The No. 2 spot after Apple belongs to Russia’s Sberbank. A thousand dollars invested in Sberbank equity in...

Ukraine wants to raise 13.67 billion hryvnia ($1.7 billion) abroad this quarter, 12.15 billion of which would come in March, the ministry said Feb. 9. It picked JP Morgan Chase & Co. , Morgan Stanley (MS) and Russian investment banks VTB Capital and...