Trends - Sberbank - Business Recorder

Sberbank

Russia teams up with BRICS to create AI alliance, Putin says

MOSCOW: President Vladimir Putin said on Wednesday that Russia would develop artificial intelligence with BRICS...

Published 12 Dec, 2024 06:01am

Markets

Russian rouble steadies, Sberbank shares hit more than two-year high

MOSCOW: The Russian rouble steadied near 91 to the dollar on Tuesday, while shares in leading lender Sberbank surged...

Published 05 Mar, 2024 01:37pm

Markets

Russia’s Sberbank posts strong Q3 profits

MOSCOW: Russia’s dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit...

Published 02 Nov, 2023 12:58pm

Markets

Russia’s Sberbank to issue yuan bonds in 2023 if opportunity arises

MOSCOW: Russia’s dominant lender Sberbank will issue bonds in Chinese yuan this year if an opportunity arises and...

Published 14 Jun, 2023 12:14pm

Business & Finance

Russia’s Sberbank 2022 net profit drops 75.7% to 300bn roubles

MOSCOW: Russia’s largest lender Sberbank on Tuesday posted a 75.7% drop in net profit to 300.2 billion roubles ($4.4...

Published 17 Jan, 2023 02:17pm

Markets

Asia fuel oil: spot premiums flat in thin trade, supply influx caps recovery

SINGAPORE: Asia’s spot fuel oil cash premiums were little changed on Tuesday amid thin year-end trading, while...

Published 28 Dec, 2022 04:12am

Business & Finance

Russia’s Sberbank executes first digital asset issue on its platform

MOSCOW: Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset...

Published 09 Jul, 2022 06:10pm

Business & Finance

Russian rouble, stocks steady

MOSCOW: The Russian rouble gained slightly on Friday, while stock markets dipped but remained steady compared with...

Published 18 Jun, 2022 06:00am

Markets

Russia’s Sberbank says ‘working as normal’ after SWIFT cut-off

MOSCOW: Russia’s largest bank Sberbank said Tuesday it was not affected by fresh EU sanctions over Ukraine that...

Published 31 May, 2022 02:37pm

Business & Finance

Russian rouble hits near 2-year high vs euro

MOSCOW: The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped...

Published 26 Apr, 2022 05:20am

World

EU agrees to freeze assets of Sberbank boss, Putin's daughters

BRUSSELS: The European Union has agreed to freeze the assets in the EU of the boss of Russia's top lender Sberbank,...

Published 09 Apr, 2022 12:11am

World

US sanctions Russia’s Sberbank, Putin’s daughters, bans investment

WASHINGTON: The United States targeted Russian banks and elites with a new package of sanctions on Wednesday,...

Published 06 Apr, 2022 09:21pm

Markets

Russian stocks struggle

MOSCOW: Russian equities largely lost ground, with flag carrier Aeroflot a notable exception, recovering to gain 5%...

Published 29 Mar, 2022 05:49am

Markets

Moscow stock market partially reopens after month-long closure

MOSCOW: The Moscow Stock Exchange resumed trading of some shares Thursday, the second stage in a phased re-opening...

Published 25 Mar, 2022 05:47am

World

Putin threatens Ukraine 'statehood' as Moscow sanctions tighten

Published 06 Mar, 2022 10:27am

Markets

Russia's largest lender Sberbank leaving Europe

MOSCOW: Russia's largest lender Sberbank said Wednesday it was leaving the European market after coming under...

Published 02 Mar, 2022 12:46pm

Markets

European subsidiary of Russia's Sberbank to enter bankruptcy

FRANKFURT: The European subsidiary of Russia's Sberbank will be wound up after coming under pressure from Western...

Published 02 Mar, 2022 11:12am

Business & Finance

UK sanctions Russia's largest lender Sberbank

LONDON: Britain said Tuesday it was adding top lender Sberbank to its list of Russian entities sanctioned over the...

Published 01 Mar, 2022 03:46pm

Markets

FTSE 100 ends down

LONDON: UK’s FTSE 100 fell on Monday after Western nations imposed tough new sanctions on Russia for its invasion...

Published 01 Mar, 2022 05:34am

World

Russian forces seize two small cities in Ukraine

KYIV/MOSCOW: Russian invasion forces seized two small cities in southeastern Ukraine and the area around a nuclear...

Updated 28 Feb, 2022 01:47pm

World

Sanctioned Russian banks face international payment problems

MOSCOW: Clients of some Russian banks under western sanctions will no longer be able to use their cards abroad or...

Published 25 Feb, 2022 08:19pm

World

New US sanctions hit Russian banks, elites; spare energy

WASHINGTON: The latest round of sanctions announced Thursday against Russia purposely spares the energy sector to...

Published 25 Feb, 2022 11:02am

Business & Finance

Rouble leaps after Russia says some troops are returning to bases

MOSCOW: The rouble rose more than 2% versus the dollar on Tuesday as Russia said some troops near Ukraine were...

Published 16 Feb, 2022 06:20am

Markets

Rouble stabilises, shares in major state banks rally

Russian stock indexes were up

Published 10 Aug, 2021 01:39pm

Business & Finance

Sberbank posts record quarterly profit, cuts provisions

Q2 net profit up 95.1% y/y to $4.44 bln.
Share of non-performing loans decline.
Revenue from non-financial business jumps.
Sberbank shares up in line with broader market.

Published 29 Jul, 2021 05:36pm

Markets

Russia opens Eurobond books as market cheers Lavrov-Blinken talks

The finance ministry is guiding investors towards a yield of around 2.875% for its upcoming euro-denominated paper, two financial market sources said, expecting to price the issue and a top-up of November-2027 Eurobond as soon as on Thursday.

Published 20 May, 2021 06:08pm

Business & Finance

Russia's Sberbank lowers 2021 cost of risk forecast

Sberbank, which reported a 153% year-on-year growth in first-quarter profit, said it expects revenue from its non-financial businesses to exceed 200 billion roubles ($2.68 billion) this year.

Published 29 Apr, 2021 07:48pm

Business & Finance

'Pay with a glance': Russia's Sberbank rolling out face-recognition payments

Sberbank is partnering with supermarket chain Magnit and plans to connect 100 stores in Moscow and Krasnodar to the service by June, the two companies said on Thursday. A pilot programme is already running in ten shops.
As banking margins shrink, Russia's largest lender is expanding in areas ranging from food delivery and taxi services to cloud computing and cyber security.

Published 22 Apr, 2021 06:42pm

Business & Finance

Russia's Sberbank to expand in logistics in e-commerce push

Sberbank to create hubs to speed goods deliveries – CFO.
Logistics is part of e-commerce push at Russia's top bank.
Sberbank plans to enter clothing market on its own – CFO.
CFO Alexandra Buriko's full quotes in Russian.

Published 14 Apr, 2021 04:36pm

Business & Finance

Russia's Sberbank and Mail.Ru on verge of dividing assets as JV nears split

The joint venture, set up in December 2019, encompasses the food delivery app Delivery Club, ride-hailing service Citymobil and other assets, with each partner holding a 45% stake.
According to Sberbank's accounts, the venture reported a loss of 27.8 billion roubles ($366.37 million) in 2020.

Published 01 Apr, 2021 05:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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