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Sep 11, 2023 · Chief executive’s optimism puts a good face on Russia’s economy. Sberbank, Russia’s largest retail lender, is trumpeting a return on equity that western counterparts can only dream of ...
Jun 17, 2024 · Not only is Sberbank the largest bank in Russia in terms of assets, but it has also become the core of Sber, one of the country's major digital ecosystems. A state-owned banking and financial...
Jan 21, 2021 · Sberbank has pulled off one long-odds pirouette—from a communist state enterprise, with all the attention to customer care and corporate probity you would expect, into a modern lender.
Sep 16, 2016 · Executive Summary. Sberbank ( OTCPK:SBRCY) is without a doubt the strongest brand among Russian banks and has a number of competitive advantages (so called moats). Sberbank was able to...
Mar 11, 2024 · The meaning of banking involves the acceptance of deposits from customers and the provision of loans and other financial services. Banking serves as an intermediary in the flow of funds within an economy, facilitating transactions, managing deposits, and providing credit to borrowers.
Apr 26, 2024 · Russia's dominant lender Sberbank has today reported an 11.3% increase in first-quarter net profit to 397.4 billion roubles ($4.32 billion) and sharply raised its retail loan growth forecast...
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During the year, we expanded our client base, improved market positions in all key banking segments and made a breakthrough in the development of artificial intelligence. In 2023 retail deposits exceeded RUB22.6 trn, increasing by record RUB4.3 trn.