Loading ...Top Russian lender leaves EU
Sberbank has finalized the sale of its Austrian subsidiary, according to a statement
Russia’s largest lender Sber has completed its withdrawal from the EU banking market, the bank said in a statement published on its website on Friday. It confirmed it’s finalized a deal on the sale of its subsidiary in Austria, Sber Vermögensverwaltungs AG in Abwicklung, which was the bank’s last branch operating in the bloc.