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Home | Sberbank acquires Volksbank International

Sberbank acquires Volksbank International

  • February 16, 2012
  • Russian financial institution Sberbank has reported that it has completed the acquisition of Volksbank International AG (VBI). The completion of the acquisition comes after the announcement was first made on 8 September 2011 that Sberbank had reached agreement with VBI’s shareholders. The transaction does not include VBI’s Romanian subsidiary, VB Romania. Since the agreement was [...]

  • Read more at:http://www.bankingtimes.co.uk/2012/02/16/sberbank-acquires-volksbank-international/
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