A series of mergers have given UralSib a highly diversified profile and turned it into Russia’s largest privately owned commercial bank. Ben Aris reports from Moscow.
Central & eastern Europe
Latest articles from Russia
Hot pursuit of clients in Russia’s coldest outposts
January 8, 2007Based in western Siberia, Sibacadembank has been expanding virtually unopposed, attracting international suitors and making plans to float. Chairman Igor Kim talks to Ben Aris.
Russian derivatives go legit
December 4, 2006Russia’s futures trading went mainstream in June after the Duma passed laws to make it a bona fide business. Ben Aris reports on how banks are gearing up to play in this as yet plain vanilla market.
Kremlin nurtures venture capital
November 6, 2006Moscow hopes venture capital will boost investment and kick-start a high-tech industry that is sadly lacking funding. Ben Aris reports from Moscow.
Continued growth
November 6, 2006Russia’s seventh year of economic expansion has fired growth in the country’s banking sector.
Ak Bars hones its ambitions
October 2, 2006Tatarstan’s Ak Bars Bank is well on its way to fulfilling its aim of making Russia’s Top 10. John McCarthy reports.
Room for visitors
September 4, 2006Construction of theatres, hotels and office blocks are planned or under way in the city centre, as industry is moved in favour of tourism and services.
Pushing the boat out
September 4, 2006Foreign corporations are already moving into St Petersburg but the city is trying to make itself even more attractive through investor-friendly tax policies, simpler bureaucracy and better infrastructure. Jules Stewart reports.
Foreign banks in shopping spree
September 4, 2006Being Europe’s fourth-largest city by population, St Petersburg is highly attractive to foreign banks, which are snapping up local players, and bringing in huge amounts of capital to offer in loans to corporates and consumers. By Jules Stewart.
Making the grade
September 4, 2006Yury Molchanov, deputy governor of St Petersburg, explains what the city is doing to attract investors.