breakingnews
04.12.2008, 07:34
The head of Russia and Eastern Europe's largest bank has boasted of an “historic” opportunity to buy international rivals. In an interview with Business RT, the chairman of Sberbank, Herman Gref, said he'll take advantage of the unprecedented
15.12.2008, 16:43
Russia’s Central Bank held an auction on Monday to provide liquidity to the country’s ailing financial sector. Banks responded by taking loans of 293 billion roubles (US 1.5 billion) at an interest rate of 12.75 per cent.
Published: 03 December, 2008, 14:35
Private Russian banks, MDM Bank and URSA Bank, have announced the two will merge, to form the second largest private bank in Russia, in the latest consolidation move in Russia’s banking sector.
