Russian Sberbank eyes acquisition opportunities in Turkey.

By bne IntelliNews April 8, 2011
Senior vice president of Russian bank Sberbank, Denis Bugrov, told Reuters that the lender is looking at acquisition targets in Central & Eastern Europe (CEE) and Turkey. Bugrov asserts that Sberbank considers CEE and Turkey as regions with growth potential and the bank is interested in gaining a presence in these regions. Local daily Vatan recently speculated that Sberbank is interested in acquiring medium-sized local bank Sekerbank.

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