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Tatiana Voronova

UPDATE 1-Sberbank converted FX proceeds from DenizBank sale in early August - sources

Aug 15 2019

MOSCOW, Aug 15 Russia's largest lender Sberbank sold a large amount of foreign currency for roubles on the market in early August when it converted proceeds from selling its Turkish business, DenizBank, three financial market sources said on Thursday.

Relentless rise of consumer debt in Russia fuels bubble fears for some

Aug 15 2019

MOSCOW Natalia Leontyeva, a Siberian sales manager, bought a second hand car in 2013 with a loan worth about four monthly salaries. She now owes the equivalent of at least four years of earnings, one of a growing number of Russians struggling with debt.

Russia's top independent oil refinery restoring output after hiatus

Aug 12 2019

MOSCOW The Antipinsky oil plant, Russia's largest independent refinery, is on track to more than double its output this month following suspension of its operations for more than two months, the plant's head told Reuters.

Russia's top borrowers join calls to let banks use domestic ratings, central bank resists

Aug 08 2019

MOSCOW Russia's top gas producer Gazprom and a raft of other major firms have added to calls for the banking sector to use domestic ratings in implementing new financial regulations, saying this would ease pressure on banks and cut lending rates.

UPDATE 2-Sberbank bets on digital and retail as corporate lending slows

Jul 31 2019

* Bank to focus on digital products at home - CEO (Adds details, quotes, background)

Exclusive: Russia's finance ministry seeks delay of Basel III reform - letter

Jul 24 2019

MOSCOW Russian Finance Minister Anton Siluanov has asked the central bank to postpone reforms requiring banks to increase capital buffers under the "Basel III" international financial rules, according to a letter seen by Reuters.

Russia, under sanctions, looks for rouble offshore market -official

Jul 17 2019

MOSCOW, July 17 Russia aims to establish an offshore rouble market to boost its currency's global role and help offset the impact of Western sanctions, deputy finance minister Alexei Moiseev told Reuters.

Russia's finmin, c.bank, VEB to split troubled bank's debt - official

Jul 17 2019

MOSCOW, July 17 Russia's finance ministry, the central bank and the state development bank VEB will split among themselves a 212 billion rouble ($3.4 billion) debt from bank Sviaz, a step needed to support another troubled lender, a senior official said.

Russian construction group Inteco expects to post a profit in 2020 -president

Jul 11 2019

MOSCOW, July 11 Russian construction group Inteco, which has been controlled by the central bank since 2017, expects to start making a profit next year and could hold an initial public offering (IPO) at a later date, its president said.

Russian mobile operator Megafon may sell real estate to cut debt - CEO

Jul 05 2019

MOSCOW, July 5 Megafon, Russia's second biggest mobile phone operator, is considering selling real estate and some other assets to reduce debt, the chief executive told Reuters.

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