Banks

Japan’s Mizuho Bank Sets up Moscow Office

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: 4% [?]

March 5, 2007

Gazprom to Ask for Loan from EBRD

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: 5% [?]

February 28, 2007

Russia Will Spent $3.5 Billion to Support Export Activity

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: 3% [?]

Russian Bank Chief Jailed in UK Over Identity Fraud

London’s Harrow Crown Court sentenced a Russian bank chief to six year prison term for coordinating an international identity theft operation, SC Magazine reported Wednesday.

Popularity: 4% [?]

December 20, 2006

Russia’s Largest Bank Postpones $8 Billion Share Offering After Billionaire’s Crash in France

Russian state-owned Sberbank’s supervisory board postponed a decision on a share issue that would be worth $8.7 billion at current prices, a senior finance ministry official told Reuters.

Popularity: 7% [?]

November 29, 2006

Co-owner of Russian Private Bank Shot in Moscow

A co-owner of a small Russian private bank was gunned down in an apparent contract killing in central Moscow, prosecutors said Wednesday

Popularity: 3% [?]

November 22, 2006