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By Elena Fabrichnaya ST PETERSBURG, Russia (Reuters) -Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, CFO Dmitry Pyanov...
Investing.com -- Shareholders of Russia's largest lender Sberbank approved a record dividend payout of 786.9 billion roubles ($10.01 billion) on Monday, the company announced. Half of the dividend...
By Gleb Bryanski and Elena Fabrichnaya ST PETERSBURG (Reuters) -The Russian economy could cool down excessively due to high interest rates and may face difficulties returning to a growth path,...
MOSCOW (Reuters) -Russia's largest lender Sberbank said on Tuesday that its board recommended paying a record high 786.9 billion roubles ($9.68 billion) in dividends. The dividend will amount to...
Investing.com -- Sberbank, Russia's largest lender, reported a record annual profit of 1.58 trillion roubles ($18.1 billion) on Thursday, despite rising interest rates, which have reached 21%. The...
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's largest lender Sberbank reported on Thursday a record annual profit of 1.58 trillion roubles ($18.1 billion) after corporate and...
By Gleb Bryanski MOSCOW (Reuters) - The Russian rouble and stocks surged on Thursday after a telephone conversation between U.S. President Donald Trump and Russian President Vladimir Putin in which...
(Reuters) - Russian state-owned lender Sberbank on Thursday said it disagreed with a U.S. court's decision to reject the bank's right to sovereign immunity in a case brought by the family of a victim...
By Gleb Bryanski MOSCOW (Reuters) - Sberbank plans to collaborate with Chinese researchers on joint AI projects, a top executive at Russia's biggest bank told Reuters, as China's DeepSeek has upended...
By Gleb Bryanski and Elena Fabrichnaya MOSCOW (Reuters) -Russia has the potential to improve its position in global AI ratings by 2030 despite Western sanctions thanks to talented developers and its...
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