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2 days ago · A Moscow court has sided with dominant Russian lender Sberbank in the bank's efforts to recover loans totalling around $138.6 million from its former British subsidiary, court filings showed on ...
2 days ago · A Moscow court has sided with dominant Russian lender Sberbank in the bank's efforts to recover loans totalling around $138.6 million from its former British subsidiary, court filings showed on Monday. Sberbank said it was winding down operations at its investment arm in London, Sberbank CIB (UK) Limited, in April 2022, soon after being sanctioned as part of the Western response to Moscow's ...
23 hours ago · The headquarters of Sberbank in Moscow, Russia. (Source: Igorkhait [CC BY-SA 4.0]) Malykh’s comments come four months after the bank launched a digital financial asset and NFT trading platform. Sberbank unveiled a “qualified investors”-only blockchain-powered “digital asset” pegged to the average cost of residential Moscow real estate.
2 days ago · Sberbank receives debt recovery. Source: Shutterstock. Sberbank, a major Russian lender, is attempting to recoup loans from its former British affiliate worth about $138.6m, and a Moscow court has backed with the bank in this endeavour. Reported by Reuters, following sanctions imposed by the West in reaction to Moscow’s involvement in the ...
23 hours ago · Sberbank ceased issuing PRO100 cards in 2016, and Maestro and Virtual cards in 2017. "Deposits and transfers to the accounts of Maestro cards, as well as Virtual and PRO100 cards, will continue to function, though payments for purchases and cash withdrawals from ATMs will not be available for these cards after July," the bank said.
2 days ago · The Moscow Arbitration Court satisfied Sberbank's claim in full, court filings showed on Monday. Sberbank had been seeking the repayment of loans in four different currencies - 28.3 million euros ($30.36 million), 3.2 million pounds ($4.05 million), 3.4 million Canadian dollars ($2.49 million) and 8.8 billion roubles ($101.73 million) - totalling around $138.6 million.
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5 days ago · MOSCOW. June 21 (Interfax) - The sanctions recently imposed by the United States are not having an additional impact on Sberbank's strategy for its international presence, the president and CEO of Russia's biggest lender, Herman Gref told reporters at the bank's annual general meeting on Friday.
