MOSCOW Russia's biggest bank Sberbank plans to expand its logistic business across the world's largest country as it seeks to capitalise on a booming e-commerce market, Chief Financial Officer Alexandra Buriko told Reuters.
* Otkritie has cleaned up balance sheet ahead of IPO-bank's
MOSCOW, April 1 Russia's largest lender Sberbank
and internet firm Mail.Ru are on the verge
of dividing assets in their ride-hailing and food delivery joint
venture due to a wide range of disagreements, three sources
close to both sides said.
MOSCOW, March 10 Russia's Sovcombank has no
immediate plans for an IPO and doesn't intend to bring forward a
2024 deadline, despite a pick up in new issues, as investor
sentiment towards the banking sector remains mixed, co-owner
Sergei Khotimsky told Reuters.
MOSCOW Russian businessman and lawmaker Suleiman Kerimov has reached an agreement to buy Vozrozhdenie bank from its majority owners, brothers Dmitry and Alexei Ananyev, three sources close to the deal told Reuters.
MOSCOW, Jan 29 Russia's Trust Bank, which holds
non-performing assets left from three private banking groups
taken over in a state bailout, plans to sell its 9% stake in VTB
via an accelerated book building in March, financial
market sources said.
MOSCOW Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank said.
MOSCOW, Dec 28 Cyber attacks have cost Russian
companies and citizens up to 3.6 trillion roubles ($49 billion)
this year, the country's largest lender Sberbank said.
MOSCOW, Dec 8 Russia's central bank is looking
for an investor in bailed-out Otkritie bank, but has drawn a
blank with an approach to internet giant Yandex, two
sources close to the matter told Reuters.
MOSCOW Sberbank expects its non-banking business to reach 5% of its revenues in 2023 and as much as half of its total in a decade, as it focuses on e-commerce and other online ventures, two sources told Reuters.