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International

Kira Zavyalova

Bank bailout hits Russia as B&N asks central bank for aid

Sep 21 2017

MOSCOW Russia's B&N Bank, the country's 12th biggest lender by assets, has sought a bailout from the central bank, just three weeks after another leading Russian bank had to be rescued.

Russia's Safmar considers capital boost for B&N bank, asset sales: CEO

Aug 21 2017

MOSCOW Safmar group, which manages the assets of Russian billionaire Mikhail Gutseriyev and his family, is considering a capital injection at its B&N bank unit, Safmar Chief Executive Avet Mirakyan told Reuters.

Russian central bank seen opting for caution on Friday: Reuters poll

Jul 24 2017

MOSCOW Russia's central bank is expected to leave its key rate unchanged on Friday, opting for a cautious approach given the risk of new U.S. sanctions and a possible spike in food prices, a Reuters poll showed on Monday.

Investors cautious as Russia enters new ratings era

Jul 14 2017

MOSCOW Russia began relying only on its own rating agencies to manage its domestic bond market on Friday after the world's top three credit rating agencies quit that market, leaving investors pondering the credibility of the local agencies.

Russian ratings agency ACRA sees portfolio growing as foreigners leave

Jul 04 2017

MOSCOW Russia's newly created ratings agency ACRA plans to have over 100 ratings in its portfolio by year-end, its head says, picking up local business after the world's major agencies refused to sign up to new accreditation requirements.

Russian bank TCS has scope to increase lending after bond deal

Jun 23 2017

MOSCOW Russian online retail bank TCS Group has more scope to step up its lending after boosting capital via a $300 million (235.68 million pounds) bond deal earlier in June.

Russia offers Eurobonds to heavy global demand

Jun 20 2017

MOSCOW/LONDON Global bond investors showed strong demand for Russia's new Eurobond on Tuesday, as the yields offered by Moscow eclipsed political risks, including signs that Western sanctions could be about to get tighter.

Sberbank may sell 1.1 billion euros in loans granted to Agrokor

Apr 25 2017

MOSCOW/ZAGREB Russia's largest bank Sberbank is considering selling 1.1 billion euros (920.1 million pounds) in loans it granted to indebted Croatian food and retail group Agrokor [AGROK.UL], Sberbank's First Deputy Chairman Maxim Poletayev said.

Russia's VTB plans to slim down in Europe, keep London as hub

Feb 27 2017

MOSCOW Russian bank VTB plans to cut costs by slimming down its operations in the European Union to focus on Frankfurt while keeping London as the base for its investment banking business, the bank's first deputy president said.

Stars align for Russian Eurobond issues after three-year drought

Feb 21 2017

MOSCOW, Feb 21 Russian companies could issue three times as many Eurobonds this year as investor appetite returns after three torrid years linked to the Ukraine conflict, bankers and analysts say.

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