Sberbank Wants to Compete Across Europe

Sberbank says its “strategic goal” is to compete with companies including Raiffeisen Bank International and UniCredit across Central and Eastern Europe. “It won’t happen quickly, but we have every chance of challenging the best brands in the market,” chief executive German Gref said in an interview. Sberbank has about half of Russia’s private-savings market as well as assets in Belarus, Ukraine and Kazakhstan. Sberbank is […]