Sberbank Rossii OAO Launches Commodity Trading Business in Switzerland-Interfax

Wednesday, 21 Aug 2013 05:58am EDT 

Interfax reported that Sberbank Rossii OAO (Sberbank) has launched a commodity trading business, Director of Trade Finance and Correspondent Relations Mr. Andrei Ivanov said at a press conference in Moscow. It's financing for raw material supplies and raw material exports, the banker said, noting that Sberbank launched this business on the basis of its subsidiary bank in Switzerland. 

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