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Sberbank posted net profits of 11.7 billion rubles in the first month of 2006
Sberbank, Russia's largest state-owned savings bank, posted net profits of 11.7 billion rubles (about $416 million) in the first month of 2006, up 3.5%, on January 2005, the bank said Monday. The bank reported pre-tax profits for the first month of 2006 at 12.6 bln rubles ($448 mln). The bank's equity capital as of February 1, 2006 was at 265.2 bln rubles ($9.43 bln). Its loan portfolio on that date totaled 1.930 trillion rubles ($68.6 bln), of which lending to corporate entities was 1.399 trillion rubles ($49.75 bln). Sberbank's network comprises 17 territorial banks, 992 branches, and 19,265 sub-branches.
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The Federal Arbitration Court upheld a decision Wednesday by a lower court to order Yukos to pay over $482 million to a syndicate of foreign banks
A case of anthrax in cattle was detected in Chechnya
A new transport route between western Europe and Russia via Latvia has been included in a European Union transport program
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The following rates of exchange of foreign currencies to the ruble of the Russian Federation
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Two men have been killed in Siberia
Promsvyazbank signed an agreement with a group of international banks on a $200 million syndicated loan
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