FILE PHOTO: A view shows the logo of Sber (Sberbank) at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 5, 2021. REUTERS/Evgenia Novozhenina/File Photo
February 28, 2022
MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Monday said it had opened an additional reserve line for its subsidiary banks in Belarus and Kazakhstan, as it grapples with sanctions and the fallout from Russia’s invasion of Ukraine.
Sberbank said it would support its subsidiaries in Belarus and Kazakhstan.
(Reporting by Reuters, Editing by Louise Heavens)
Source: One America News Network
