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Jun 23, 2020 · Yandex and Sberbank have entered into a binding agreement to reorganize two of their JVs, Yandex.Market and Yandex.Money. Post closing, Yandex will own 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. Sberbank will gain 100% ownership of Yandex.Money.
Summary. The risk of an uncontrolled banking crisis still looms, prompting the CBR to establish new strict bankruptcy rules and initiate a banking sector clean-up. But are financial reserves...
Jun 24, 2020 · Yandex, Russia’s leading tech company, has agreed to split up its shared ecommerce and payment joint ventures with state lender Sberbank, bringing to an end a decade-long partnership that had ...
Jun 23, 2020 · Yandex and Sberbank have entered into a binding agreement to reorganize two of their JVs, Yandex.Market and Yandex.Money. Post-closing, Yandex will own 100% of Yandex.Market, with an equity...
Mar 2, 2022 · Sberbank had said in November it planned to finalise the sale of operations in Bosnia and Herzegovina, Croatia, Hungary, Serbia and Slovenia in 2021 in a deal worth around 500 million euros.
1991–2013. In 1991, the operations of the State Labor Savings Banks System of the USSR in the Russian Soviet Federative Socialist Republic were reorganised into the Joint-Stock Commercial Savings Bank of the Russian Federation (Sberbank of Russia).
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Jun 23, 2020 · Yandex NV and Sberbank on Tuesday announced a plan which will see Yandex become controlling shareholder in Yandex.Market and exit the Yandex.Money joint venture, where Sberbank will take 100% ownership.