Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.
Oct, 17 World oil prices fell below $70 a barrel.
Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.
SBERBANK
SBERBANK - universal commercial bank with a full range of banking services. The undisputed leader of the Russian banking industry with the market shares of 53,3 % in deposits, 37% in retail lending, 31,8 % in commercial lending, 25,4 % in aggregate assets of the Russian banking sector. Sberbank - the largest bank in Central and Eastern Europe. Loans issued to over 90,000 small and medium businesses and over 3.5 million retail customers.
Repartition of the Global Banking System is inevitable - 05.12.2008 The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
US government puts up $300bn in Citigroup rescue - 25.11.2008 The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
HSBC cuts 450 jobs in Hong Kong - 18.11.2008 HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.
SBERBANK - universal commercial bank with a full range of banking services. The undisputed leader of the Russian banking industry with the market shares of 53,3 % in deposits, 37% in retail lending, 31,8 % in commercial lending, 25,4 % in aggregate assets of the Russian banking sector. Sberbank - the largest bank in Central and Eastern Europe. Loans issued to over 90,000 small and medium businesses and over 3.5 million retail customers.
