Search results
- The Russian state holds majority stakes in the top two banks, Sberbank (SBER) and VTB (VTBR), which together account for more than half of the Russian banking industry's assets.
www.investopedia.com/articles/investing/082015/6-biggest-russian-banks.asp
People also ask
What does Sberbank & VTB Bank stand for?
Where is VTB Bank located?
Why did Sberbank and VTB withdraw from Europe?
Who owns VTB Bank?
Are Sberbank & VTB listed in London?
What's going on with VTB & Sberbank?
VTB Bank (Russian: ПАО Банк ВТБ, lit. ' PJSC Bank VTB'; formerly known as Vneshtorgbank, Внешторгбанк, lit. 'International Trade Bank') is a Russian majority state-owned bank headquartered in various federal districts of Russia; [ 3 ][ 4 ] its legal address is registered in St. Petersburg. [ 3 ] .
PJSC Sberbank (Russian: Сбербанк, initially a contraction of Russian: сберегательный банк, romanized: sberegatelnyy bank, lit. 'savings bank') is a Russian majority state-owned banking and financial services company headquartered in Moscow.
- Sberbank
- VTB
- Gazprombank
- Promsvyazbank
- Russian Agricultural Bank
- The Bottom Line
Revenue (TTM): ₽4.1 trillion (Rubles)Net Income (TTM): ₽265.4 billionMarket Cap: ₽5.5 Trillion1-Year Trailing Total Return: 93.1%Revenue (TTM): ₽1.2 trillionNet Income (TTM): ₽303.4 billionMarket Cap: ₽615.4 billion1-Year Trailing Total Return: 26.4%Revenue (TTM): ₽10.2 trillionNet Income (TTM): ₽579.8 billionMarket Cap: ₽4.06 trillion1-Year Trailing Total Return: -9.42%Net Income (Q1 2023): ₽25 billionAssets (Q1 2023): ₽6.3 trillionExchange: MoscowNet Income (Q1 2023): ₽10.9 billionAssets (Q1 2023): ₽4.5 trillionQ1 Assets: +5%Q! Equity: +4.2%The largest banks in Russia are all state-owned and account for most of the banking activity in the country. Sberbank and VTB Bank control most of the financial market in Russia.
Mar 6, 2022 · Sberbank and VTB account for more than half of Russia’s banking market. Their withdrawals from Europe in effect draw to a close a 20-year strategy among Russian banks to establish a global...
Feb 24, 2022 · Sberbank is the largest financial institution in Russia and is majority-owned by the GoR. It holds the largest market share of savings deposits in the country, is the main creditor of the Russian economy, and is deemed by the GoR to be a systemically important financial institution.
May 4, 2022 · Sberbank is among three Russian banks to be sanctioned as part of the European Union's sixth package of sanctions against Russia after it invaded Ukraine in February.
Mar 8, 2022 · In 2018, the Kremlin transferred defence lending to a smaller bank in an attempt to protect VTB — as well as the country’s biggest lender Sberbank, which also financed the military — from...