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Russia's Sberbank reports small Q2 profit rise

Russia's dominant lender Sberbank today reported a slight increase in second-quarter net profit to 422.9 billion roubles ($5.19 billion), from 418.7 billion roubles a year earlier.
Business • 29 Jul

Russia's VTB reports record 2023 profit of $4.7 billion

Russian bank VTB has today reported a record 2023 profit of 432.2 billion roubles ($4.68 billion), rebounding from a revised, sanctions-induced loss of 667.5 billion roubles the year before.
Business • 20 Feb 24

Explainer - Russian banks out in the cold

The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global payment transactions as the West ratchets up sanctions on Russia over its attack against Ukraine.
Business • 02 Mar 22

EU excludes seven Russian banks from SWIFT

The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global transactions as part of its sanctions over Russia's invasion of Ukraine, the EU official journal said today.
Business • 02 Mar 22

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