Ukrainian President Viktor Yanukovych signed a peace agreement with opposition leaders that calls for early elections and reduced presidential powers in a bid to halt a deadly, three-month political crisis.
OAO Sberbank expects profit to jump more than 20 percent next year from this year’s record as Russia’s biggest lender boosts corporate loans and issues more credit cards, Chief Executive Officer German Gref said.
OAO Sberbank, Russia’s biggest lender, will decide in two to three weeks on buying the eastern European unit of Oesterreichische Volksbanken AG, which would be its first major move outside the former Soviet Union.
Russia’s central bank will probably raise its benchmark interest rates in the first half of next year as inflation accelerates, said German Gref , the chief executive officer of OAO Sberbank , Russia’s biggest lender.
Mikhail Khodorkovsky questioned former Russian Economy Minister German Gref in a Moscow court where the convicted one-time owner of OAO Yukos Oil Co. is facing a second trial that could keep him in jail for a further two decades.
OAO Sberbank ’s 2017 bonds rose, sending yields to a record low after Chief Executive Officer German Gref said he doesn’t see a “big chance” for Russia’s largest bank to acquire Kazakhstan’s BTA Bank .