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Sberbank

Russian rouble, stocks steady

Russian rouble, stocks steady

Published 18 Jun, 2022 06:00am
MOSCOW: The Russian rouble gained slightly on Friday, while stock markets dipped but remained steady compared with...
Russian stocks struggle

Russian stocks struggle

Published 29 Mar, 2022 05:49am
MOSCOW: Russian equities largely lost ground, with flag carrier Aeroflot a notable exception, recovering to gain 5%...
FTSE 100 ends down

FTSE 100 ends down

Published 01 Mar, 2022 05:34am
LONDON: UK’s FTSE 100 fell on Monday after Western nations imposed tough new sanctions on Russia for its invasion...
Russia opens Eurobond books as market cheers Lavrov-Blinken talks

Russia opens Eurobond books as market cheers Lavrov-Blinken talks

Published 20 May, 2021 06:08pm
  • The finance ministry is guiding investors towards a yield of around 2.875% for its upcoming euro-denominated paper, two financial market sources said, expecting to price the issue and a top-up of November-2027 Eurobond as soon as on Thursday.
Russia's Sberbank lowers 2021 cost of risk forecast

Russia's Sberbank lowers 2021 cost of risk forecast

Published 29 Apr, 2021 07:48pm
  • Sberbank, which reported a 153% year-on-year growth in first-quarter profit, said it expects revenue from its non-financial businesses to exceed 200 billion roubles ($2.68 billion) this year.
'Pay with a glance': Russia's Sberbank rolling out face-recognition payments

'Pay with a glance': Russia's Sberbank rolling out face-recognition payments

Published 22 Apr, 2021 06:42pm
  • Sberbank is partnering with supermarket chain Magnit and plans to connect 100 stores in Moscow and Krasnodar to the service by June, the two companies said on Thursday. A pilot programme is already running in ten shops.
  • As banking margins shrink, Russia's largest lender is expanding in areas ranging from food delivery and taxi services to cloud computing and cyber security.
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