Banks

Sberbank’s CEO and Chairman of the Executive Board Herman Gref delivered a speech at the panel discussion “Business and State: Models of Partnership in a Digital Age” of the Gaidar Forum.

ADB has signed an equity investment of up to $50 million with True North VI LLP to provide equity capital to middle-market companies in India embarking on their next phase of growth.

Sberbank has launched the Loan Constructor online service, which allows corporate clients to structure their own loan product with the necessary parameters using pre-approved offers from the bank.

Net fee and commission income was up by 12.5% to RUB355 bn, which was mainly due to growth in operations with bank cards (+25.4%) and bank insurance (+22.7%).

ADB operations—comprising approvals of loans and grants, technical assistance, and cofinancing—reached $28.9 billion in 2017 in its continued efforts to help meet Asia and the Pacific’s development needs.

Home BancShares, Inc. (NASDAQ:HOMB), parent company of Centennial Bank, has been ranked #1 on the Forbes 2018 “Best Banks in America” list, a rise from #8 in 2017’s rankings and #15 in 2016’s rankings

The EIB is providing a EUR 500 million loan to Endesa to support the necessary investment to upgrade its distribution grid. 

ADB expresses its condolences to the families of those who were killed in the recent tropical storms in the Philippines that impacted the Visayas and Mindanao regions.

VTB Bank, the parent company of VTB Group, today publishes its unaudited consolidated IFRS results for November 2017 and the 11 months ended 30 November 2017.

Sberbank and Rostelecom have signed an agreement on a parity basis on increasing the capital of the Telecom 5 commercial real estate sub-fund joint venture (JV) to 8.8 billion roubles.

Sberbank and Vnukovo Airport concluded a transaction to refinance loans issued by other banks worth 9 billion roubles.

Artists from Chile and Peru won the second IDB contest on bureaucracy and red tape.

Sberbank Corporate University hosted a two-day seminar titled “The Role of Cybersecurity in Digital Organisations”. The seminar was organised by Sberbank’s Cybersecurity Service as part of its Cybersecurity Academy programme.

This loan contract is the first step in implementing this important investment, since ElvalHalcor envisages to attract further international financing. ElvalHalcor is a leading aluminium rolling company worldwide, one of the largest Greek exporters and the only aluminium rolling company in Greece.

Sberbank has launched a new service to help entrepreneurs register their business (individual entrepreneurs or limited liability companies). The service can help them prepare necessary documents online.