Russia’s Stabilization Fund, set up to accrue windfall oil revenues, rose 4% in May, reaching 3.026 trillion rubles ($117 billion) June 1, the Finance Ministry said Thursday.
Popularity: 1% [?]
June 1, 2007
VTB Group, Russia’s second-biggest bank, raised $8 billion in the world’s largest initial public offering this year, as investors seek to benefit from a lending boom in the former Soviet republic, Bloomberg reported on May 11.
Popularity: 2% [?]
May 11, 2007
A local court sentenced two top Russian officials, from the Ministry of Finance and the Central Bank, to eight to ten years in prison for accepting a million dollar bribe, Russian news agencies reported
Popularity: 3% [?]
April 24, 2007
Czech police have detained internationally wanted Russian banker Ilya Stashevski in the refugee centre in Vysni Lhoty, local judge Cestmir Duda told CTK Czech News Agency today.
Popularity: 2% [?]
April 20, 2007
A deputy Russian foreign minister has blamed the failure of the sixth round of talks on the North Korean nuclear problem on the U.S. position.
Popularity: 2% [?]
March 23, 2007
Barclays is re-opening its retail banking operation in Russia.
Popularity: 1% [?]
March 5, 2007
Mizuho Corporate Bank said Monday it has established a representative office in Moscow in a bid to strengthen its business in emerging markets, MarketWatch reported.
Popularity: 1% [?]
Gazprom, the majority shareholder in the Sakhalin-2 gas project in Russia’s Far East, will ask for a loan from the European Bank for Reconstruction and Development (EBRD) to finance the project, according to reports in the Russian press.
Popularity: 1% [?]
February 28, 2007
A total of $3.5 billion will be spent in support of the export of Russian products, while the state Development Bank will begin to work in the second half of the year.
Popularity: 1% [?]
Sberbank, Russia’s state savings bank, raised about 230 billion rubles ($8.8 billion) selling new shares in the country’s second-biggest stock sale ever, the Finance Ministry said.
Popularity: 1% [?]
February 22, 2007