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:

Comment on our site

RSS   twitter      submit

Gay  All Events  Nikolai Rimsky-Korsakov  Yakutsk  Vandalism  Baikal Electronics  Amur Region  Russian Cinema  Stanislavsky and Nemirovich-Danchenko Academic Musical Theatre   freedom of press in Russia  Russian science  Igor Chapurin  Russian Museums   Russian tourist destinations  Fairs in Moscow  alternative medicine industry  Russian football  Kostroma  shared office space  Space Exploration  Russian heroes  coronavirus  education  Moscow  Justin Timberlake  Nizhnevartovsk  POUSTOVIT  Winzavod  Ilya Repin  Exhibition Fairs  Archeological Tribes  Exhibitions in Moscow  environment  International Monetary Fund  Volgograd  St. Petersburg  Concerts in St. Petersburg  Vladivostok airport  Russian business  ENEA  Russin cinema  Russian economy  Festivals in Moscow  skiing in Russia  Russian scientists  Mireille Mathieu  Mercedes-Benz Fashion Week Russia  Kerch Strait  Russian tourism  Nilo-Sorskaya Hermitage 

Travel Blogs
Top Traveling Sites