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SBRCY / Depositary receipt holders of Russia's Sberbank, VTB face conversion headache

Depositary receipt holders of Russia's Sberbank, VTB face conversion headache
Investors holding depositary receipts in Russia's sanctioned top banks are facing difficulties in converting them into shares after the European Union targeted Russia's national clearing house with sanctions, sources and analysts told Reuters. Read More
Posted: Jun 9 2022, 07:38
Author Name: Reuters
Views: 111011

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Russia's Sberbank launches rupee accounts for individuals

By Reuters
June 14, 2023

Russia's Sberbank launches rupee accounts for individuals

Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available a more_horizontal

Russia's Sberbank reports record Q1 profit, raises ROE forecast

By Reuters
May 18, 2023

Russia's Sberbank reports record Q1 profit, raises ROE forecast

Russia's largest lender Sberbank on Thursday reported record first-quarter net profit of 357.2 billion roubles ($4.6 billion) and said its strong resu more_horizontal

Sberbank's tech push shows Russia's growing reliance on its top bank

By Reuters
May 4, 2023

Sberbank's tech push shows Russia's growing reliance on its top bank

Already Russia's dominant lender, state-owned Sberbank has become one of the country's leading technology players, taking on an increasingly important more_horizontal

Russia's Sberbank releases ChatGPT rival GigaChat

By Reuters
April 24, 2023

Russia's Sberbank releases ChatGPT rival GigaChat

Russian lender Sberbank said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, joi more_horizontal

Russia's Sberbank has tapped yuan liquidity via c.bank swaps -CEO

By Reuters
April 21, 2023

Russia's Sberbank has tapped yuan liquidity via c.bank swaps -CEO

Demand for the Chinese yuan is growing in Russia, the CEO of the country's dominant lender Sberbank said on Friday, adding that the bank has at times more_horizontal

Russia's Sberbank Plans to Launch DeFi Platform by May 2023

By 24/7 Wall Street
February 3, 2023

Russia's Sberbank Plans to Launch DeFi Platform by May 2023

Sberbank, one of the largest banks in Russia, has announced its plan to launch a decentralized finance (DeFi) platform by May 2023. more_horizontal

Russia's Sberbank to launch DeFi platform in coming months - Interfax

By Reuters
February 3, 2023

Russia's Sberbank to launch DeFi platform in coming months - Interfax

Russia's largest lender Sberbank plans to launch a decentralised finance (DeFi) platform within the next few months, the Interfax news agency reported more_horizontal

Sanctions forcing Russia's Sberbank to close UAE office, company says

By Reuters
December 26, 2022

Sanctions forcing Russia's Sberbank to close UAE office, company says

Russia's dominant lender Sberbank will be forced to close its office in the United Arab Emirates (UAE) early next year, First Deputy Chairman Alexande more_horizontal


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