Sberbank

Sberbank, VTB May Face Large Loan Losses
Moscow Times, The | 4 hours 38 minutes ago
Sberbank and VTB could post losses on up to 27 percent of their loans, Moody’s ratings agency said, warning the banks against cutting their bad debt provisions.

Moody's Sees VTB, Sberbank Loan Losses up to 27%
Moscow Times, The | 14 hours 45 minutes ago
Sberbank and VTB, the country's two largest lenders, could post losses on up to 27 percent of their loans, Moody's ratings agency said, warning the banks against cutting their bad debt provisions.

Sberbank Has No Plans for Eurobond
Moscow Times, The | 4 days 5 hours 18 minutes ago
Sberbank has no plans to tap the eurobond market and has no immediate need for any fresh capital, the bank’s first deputy chief executive Bella Zlatkis said Wednesday.

Urals Clears Sberbank Debt, Divests Oil Field Stake
Moscow Times, The | 3 days 11 hours 35 minutes ago
Urals Energy has cleared the remaining portion of a $500 million debt to state-run Sberbank by divesting a 35.3 percent stake in an East Siberian oil field, the company said on Thursday.

Inter, Sberbank Join MSCI Index
Moscow Times, The | 10 days 4 hours 36 minutes ago
MSCI added Inter RAO and Sberbank’s preferred share to its emerging- markets index late Wednesday, replacing shares of Rostelecom and Transneft, the company said Thursday.

Sberbank Optimistic Despite Job Cuts
Moscow Times, The | 10 days 15 hours 42 minutes ago
Sberbank expects profit to recover and bad loan provisions to peak next year, but the bank still plans to slash up to a quarter of its workforce by 2014, a company official said Wednesday.

Sberbank Faces Anti-Monopoly Case
Moscow Times, The | 14 days 5 hours 39 minutes ago
The Federal Anti-Monopoly Service has opened a case against Sberbank, which is suspected of breaking the law on competition, the service said on its web site Friday.

Sberbank to Cut 25% of Work Force by 2014
Moscow Times, The | 11 days 5 hours 38 minutes ago
Sberbank expects profits to recover and bad loan provisions to peak next year but still plans to slash up to a quarter of its work force by 2014, a senior company official said on Wednesday.

Sberbank Mulls GM Suit
Moscow Times, The | 12 days 5 hours 30 minutes ago
Sberbank may take General Motors to court to “defend our position” after the U.S. automaker canceled the sale of its Opel division, Sberbank head German Gref said Tuesday.

Sberbank, EBRD to Sell Extra Kyoto Permits
Moscow Times, The | 13 days 4 hours 34 minutes ago
LONDON The European Bank for Reconstruction and Development agreed to cooperate with Sberbank to cut energy use in the nation and prepare for a potential government sale of spare Kyoto emission permits, the bank said Monday.

Acron Gets Sberbank Credit
Moscow Times, The | 16 days 17 hours 36 minutes ago
Fertilizer producer Acron received a credit line from Sberbank to finance production of a new plant, the bank said in a press release Thursday.

Sberbank, VTB Pass On AvtoVAZ Stakes
Moscow Times, The | 37 days 18 hours 36 minutes ago
Sberbank and VTB said Thursday that they were not interested in taking stakes in AvtoVAZ in exchange for debt, depriving the loss-making carmaker of another channel for possible salvation.

Sberbank to Sell Spare Emission Allowances
Moscow Times, The | 24 days 5 hours 34 minutes ago
Russia asked Sberbank to start selling the nation’s spare emission allowances assigned under the 1997 Kyoto Protocol, Point Carbon reported, citing an e-mail from a government official.

Sberbank Eyes Belarus Bank
Moscow Times, The | 24 days 5 hours 26 minutes ago
MINSK Belarus is concluding talks on the sale of state-controlled BPS Bank to Sberbank and a deal could be signed next month, the head of the Belarussian central bank said Thursday.