German Gref

Sberbank SEO expects ruble to strengthen at year end

Chief executive of Russia’s Sberbank German Gref said that the Russian ruble may strengthen at  60-62 rubles per dollar at year end. According to him, Russia's national currency is closely related to oil prices, but they …

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Russian government buys Sberbank

Russian Finance Ministry announced that it would purchase the central bank’s stake in Sberbank, Russia’s largest lender. The finance ministry said it would buy the central bank’s 50%-plus-one-share stake in Sberbank …

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Sberbank CEO could resign if...

Chief executive of Russia’s Sberbank German Gref said he could leave his post if a possible shareholder change at the bank results in a switch in its strategy. Gref is confident though that …

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IMF - body which is completely out of picture

Sberbank CEO Herman Gref, speaking at the International Organization of Supreme Audit Institutions (INTOSAI) Congress, described the International Monetary Fund (IMF) as the body which is completely out of the picture. …

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Sberbank shareholders reelect Gref as CEO

The shareholders of Russia’s biggest lender Sberbank reelected German Gref as CEO of the bank for a period of four years, at an annual general meeting today. The current contract of Gref will expire by …

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Sberbank sets Russia's record in dividends

The supervisory board of Russia’s biggest lender Sberbank has recommended paying 361.4 billion rubles ($5.62 billion)   in dividends for 2018, CEO German Gref said. The dividend payment will account …

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Gref: Sberbank loses billions of rubles

Sberbank CEO Herman Gref said that the bank lost billions of rubles as a result of artificial intelligence errors. "Artificial intelligence, in general, makes decisions in large systems. A small mistake …

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Sberbank reducing its presence in Europe

Russia's Sberbank intends to reduce its presence in Europe, but expand it in Kazakhstan and Belarus, the head of the state bank Herman Gref said. "We stay in Europe, Belarus, Kazakhstan and …

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Everyone included in 'Kremlin report'

The U.S. Treasury Department has released "Kremlin report" - the list of Russians who are potential targets for future U.S. sanctions. The list has the names of 114 senior politicians and members of the Russian leadership, as well …

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