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.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

Related Articles

PKK leader Ocalan calls for ceasefire and withdrawal of militants from Turkey.

The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more

Syrian government says Turkey responsible for chemical attack.

The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more

Erdogans comments on Zionism clouds US secretary of states Turkey visit.

US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more