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Banking

World news about “Banking” published by euronews.

26/11 16:02 CET

Sberbank latest Russian financier to report poor results

Sberbank latest Russian financier to report poor results

Q3 profits at Russia's Sberbank are down by 24% with the bank doubling its provisions for loan losses. The state-controlled bank is one of those subject to the west's sanctions, however in a statement their effects on performance were never directly referred to. Instead the…