SBERBANK (RUSSIA)

Definitions

Sberbank Rossii (MICEX:SBER RTS:SBER) (Russian: Сбербанк России, a contraction of “сберегательный банк”; English: “Savings Bank of the Russian Federation”) is the largest bank in Russia and Eastern Europe. The company’s headquarters are in Moscow and its history goes back to the financial reform of 1841. In many regions, Sberbank is practically the only bank capable of providing local administrations with complex banking services and rendering significant financial support in implementing investment and social programs.

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