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Gref about Sberbank's return to Crimea

Sberbank may return to the Crimean market if international sanctions are eased," the bank's chief German Gref said at the annual shareholders meeting. But the bank cannot return to Crimea yet – if it …

Russia's Sberbank to respond to Panama Papers

State-owned lender Sberbank has never conducted any questionable transactions, head of Russia's largest lender German Gref stated on Tuesday in response to the Panama Papers. “While I cannot comment on …

Is Sberbank's central office mined?

According to sources in law enforcement bodies of Moscow, an unknown person has informed about an explosion threat at the central office of Sberbank in the capital. "Now policemen and other emergency services received a message …

Chechnya and Sberbank agree on cooperation

Sberbank has signed a cooperation agreement with the government of Chechnya that determines all specific terms of implementation of projects aimed at developing the country's economy, including the program that provides state support and …

World Economic Forum opens in Davos

The World Economic Forum, which annually brings together leading representatives of political and business elites, will open in the Swiss ski resort of Davos today. According to organizers, its main theme is the beginning of the fourth industrial revolution, however, the participants will also discuss a number of pressing political and economic issues, including the unprecedented drop in oil prices, the lifting of sanctions against Iran and the terrorist threat.

Gref: Oil age is coming to an end

The head of Sberbank, German Gref, speaking at the Gaidar Forum, noted that the oil age is over, because there have been radical changes in consumption. "The era of hydrocarbons is in the past. Just like the Stone Age ended …

Ulyukayev: low oil prices may continue for decades

The period of low oil prices may last for decades, Russian Minister of Economic Development, Alexey Ulyukayev, said at the Gaidar Forum. Russia has entered the period of limitation for economic growth and former drivers of the economy …

 Gref expects trend of weakening ruble to continue

"Oil prices are very tightly bound to the Federal Reserve policy. All key trends are related to further reduction. The dollar is most likely to strengthen. The Federal Reserve will tighten its policy," Russia's Sberbank CEO …