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Russian Banks
For many years the Russians could utilize services of the only bank existent in the banking sector of the Soviet Union – the Savings Bank, while now they are free to choose among plenty of commercial institutions of that kind. Here the list of the biggest banks operating in Russia nowadays.
--26-10-2011--


News:

Banks to Be Forbidden to Send Credit Cards to Loaners without their Written Agreement
Russian banks will be forbidden to send credit cards to loaners without their written agreement. This norm is set in the law draft “About Consumer Credit” published by the Minister of Finance on its official site.
--31-03-2012--
SberBank Offers Metro Passes to Debit Card Holders
SberBank of Russia has joined a host of other banks in providing Moscow citizens with underground access. The Bank also plans to expand the offer on to overground transport.
--19-03-2012--
Bella Zlatkis headed rating of the most successful women bankers
The rating of the most successful women bankers, published by Bank Review Magazine, is headed by Bella Zlatkis, Deputy Chairman of the Management Board, Sberbank of Russia. Last year Bella Zlatkis was only the third in the same rating.
--04-03-2012--
Vnesheconombank to finance Belorussian nuclear power station
Belorussia will get $ 500 million loan from Vnesheconombank for building a nuclear power station.
--13-02-2012--
Bank of Moscow to cut a quarter of its staff
By 2015 Bank of Moscow, which holds the 5th place in net assets in Russia and 4th in Moscow, is to cut a quarter of its staff.
--02-02-2012--
10 Ruble “Space” Coin is Issued by Central Bank
A 10 Rubles coin with a space ship, stars and the Earth depicted on it has been introduced into circulation today by the Central Bank. The “space” coin is devoted to the 50th Anniversary of the first human flight in space.
--01-12-2011--
VTB Bank Top-Manager Earns $ 25 Million in 2011
The most paid top-manager in Russia, according Forbes, earns $ 25 million. Forbes has called five Russian top-managers who are top-paid in 2011.
--21-11-2011--
Russian Accounts in Swiss Banks to be Revealed
Russia will be able to get access to Swiss bank accounts of its citizens. The former 100% bank secrecy will be revealed under certain circumstances.
--21-09-2011--
BNP Paribas Vostok is Closing its Business Lines in Russia
Russian subsidiary of one of the largest European banks BNP Paribas, BNP Paribas Vostok, is closing all its business lines, except express crediting, before the deal with Sberbank.
--16-09-2011--
VTB Group Doubled Bonuses to its Top Management in the First Half a Year
VTB Group has doubled bonuses to its top management in the first half a year, what made 3.2 bln Rubles (about $106.6) in comparison with the same period last year.
--03-09-2011--
Banker Igor Kim Has Bought a Latvian Bank
The MDM Bank co-owner Igor Kim has bought his subsidiary bank LTB in Latvia. This deal may be followed by Kim’s withdrawal from MDM capital
--24-08-2011--
Venezuela Might Move a Part of its Monetary Reserves into Russia
Venezuela plans to transfer billions of dollars in cash reserves from European and U.S. banks to banks in Russia, China and Brazil.
--17-08-2011--
Sberbank Acquires Volksbank
Russia's largest bank Sberbank is going to purchase 100% of the Eastern division Oesterreichische Volksbanken, Volksbank International. This is the first acquisition by Sberbank outside CIS.
--15-07-2011--
Sberbank to Build a Technology Park in Skolkovo
Russia's largest bank Sberbank plans to invest 800 million dollars in a technology park creation in Skolkovo, an innovation center near Moscow.
--12-07-2011--
The Only Son of the Head of VTB Bank Crashed Dead
Andrei Kostin, top manager of Russian subsidiary of Deutsche Bank, son of the president of VTB bank, crashed dead in the Yaroslav region.
--04-07-2011--
Rosbank Became the Most Unprofitable Bank in Russia
Rosbank, privately owned bank in Russia, is a leader among Russian banks by size of losses in 2010 year.
--17-06-2011--





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