ABU DHABI / WAM Lana Zaki Nusseibeh, UAE Minister of State, received a copy of …
Read More »Sberbank records $2.98bn profit as lending margin widens
Bloomberg The Russian state-controlled behemoth reported net income of 167.8 billion rubles ($2.98 billion), beating estimates of 159 billion rubles by 10 analysts surveyed by Bloomberg. Earnings were boosted by a stronger net interest margin as the Russian central bank moved slowly to bring down borrowing costs. It was the third record profit in the last five quarters. Sberbank Chief …
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