Tue, 21-Oct-2025

Russia’s largest lender Sberbank leaving Europe

Sberbank

MOSCOW: Russia’s largest lender Sberbank said on Wednesday it was leaving the European market after coming under pressure from Western sanctions levelled against the state bank in response to Moscow’s invasion of Ukraine. “In the current environment, Sberbank has decided to withdraw from the European market,” the lender said in a statement carried by Russian news … Read more