Banks

ADB and HFC Bank today signed two trade finance agreements enabling ADB’s Trade Finance Program to support up to $4 million of trade annually in Fiji.

The Sberbank Supervisory Board has held a meeting. The membership of the board was elected earlier today at the bank’s Annual General Meeting of Shareholders.

Sberbank announces the results of the AGM held today. Sberbank’s AGM approved the annual report and annual accounting (financial) statements for 2016.

This MOU is intended to establish a co-investment program.

berbank announces closing a transaction to purchase a controlling stake in DocDoc.ru, the leading company on the Russian e-medicine market. Sberbank will hold 79.6% of the company’s stock, while the remaining stake will belong to the founder of the company and its key management.

The funds allocated to promote the NTI projects may reach RUB 10 billion. The respective documents have been considered by Vnesheconombank’s Supervisory Board.

Sberbank has released its interim condensed consolidated IFRS financial statements (hereafter “the Financial Statements”) as at and for the 3 months ended 31 March 2017, with review report by AO PricewaterhouseCoopers Audit

BNY Mellon, a global leader in investment management and investment services, has been appointed by Bright Scholar Education Holdings Limited (Bright Scholar) as the depositary bank for its American depositary receipt (ADR) program

On May 22, 2017 Rabobank successfully priced its inaugural EUR 2.5 billion dual tranche Covered Bond. Rabobank offered the Covered Bonds to institutional investors.

The investment into agriculture sector is meant to position the sector in various countries as a profitable sector.