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Home | Sberbank acquires DenizBank

Sberbank acquires DenizBank

  • October 01, 2012
  • Russian financial institution Sberbank has announced that it has completed the acquisition of 99.85% of DenizBank AS from Dexia NV/SA and Dexia Participation Belgique SA. The move is a significant step along the firm’s strategic path, and enables it to enter the rapidly growing Turkish banking market. The deal is worth TRY 6,469m, equating to [...]

  • Read more at:http://www.bankingtimes.co.uk/2012/10/01/sberbank-acquires-denizbank/
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