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Jun 2, 2022 · The European Union’s latest package of Russia sanctions will knock three Russian banks, including Sberbank, the country’s largest, off the Swift global financial transactions network.
May 5, 2022 · LONDON, May 5 (Reuters) - The European Union aims to cut off Sberbank (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies seek to further isolate...
May 4, 2022 · Under the plans, Sberbank — along with two other banks, Credit Bank of Moscow and Russian Agricultural Bank — would be disconnected from Swift, which acts as an interbank messaging service.
- 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 2, 2022 · During negotiations, over half of member states wanted Sberbank and Gazprombank, Russia's first and third largest banks, to be equally expelled from the electronic system but consensus could not...
- Jorge Liboreiro
Mar 2, 2022 · Sberbank (SBER.MM), Russia's largest lender, and Gazprombank were not included because they are the main channels for payments for Russian oil and gas, which EU countries are still buying...
People also ask
Why did the EU not include Sberbank & Gazprombank?
Will Gazprombank stay on Swift?
Will Sberbank & Gazprombank be affected by a cyber attack?
Who owns Gazprom bank?
Is Gazprombank under sanctions?
Is Gazprombank the fastest growing Russian bank?
Mar 15, 2022 · Sberbank, Russia’s biggest bank, and Gazprombank have so far been kept on Swift as they facilitate much of the west’s payments for Russian oil and gas.