Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sberbank Expects Record Profits in 2012
29.12.2012 20:21
Sberbank Expects Record Profits in 2012
Photo Credit:

Russia's biggest bank and Europe's second largest by market value, Sberbank expects full-year earnings to total 350 billion roubles.

      In an interview to the state-run television channel Rossiya 24, German Gref also outlined an ambitious plan for next year. Sberbank expects to rake in up to 390 billion roubles in 2013 and focus on integration of recent acquisitions into its operations.  

      The bank has overseas assets in nine European countries, which at the moment generate around 5 percent of group profits.

      Gref also said the bank will work harder to cut expenses and ramp up reliability of its systems.

Author: Mikhail Vesely

Tags: Sberbank German Gref Russian banks   

Next Previous

You might also find interesting:

Oil Producers Expect to Raise the Amount of Compensation for the Regulation of Domestic Petrol Prices
The Tax Rate for Self-employed Citizens may Become 4%
The Number of Catering Establishments Continued to Grow in 2018
Tele2 is Becoming the Most Popular Corporate Business Provider in Russia
Russian Online Retail Market is Growing

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian regions  Russian churches  Russian Ball  Nikita Mikhalkov  Musical LIKBEZ  Russian coal mines  Moscow planetarium  Sakhalin  The Moscow Region  accommodation in Moscow  Sergey Alimov  Ukraine  Orthodoxy  Russian startups  Terror Acts  Russian Cinema  Taltzy  society and politics  Afghanistan  Russian airports  Ada Yakusheva  Moscow  Visa   Sverdlovsk region  migrant workers  Exhibitions in Moscow  Festivals in Moscow  Chukotka  Russia law  Moscow parks  White Trail  Red Square  Moscow Marathon  Football  Krasnoyarsk International Music Festival of the Pacific Rim  Russian Stage Directors  Alexander Pushkin  Russian tourism  Russian mining companies  Malyuta Skuratov  Censorship  Depardieu  E-travel 2013  Russian holidays  Magnitsky Act  Volgograd Region  St. Petersburg  travel to Russia  Russian business  Mercedes-Benz Fashion Week Russia 

Travel Blogs
Top Traveling Sites