01/08/2015

Greece owes German banks €23.5bn

The lion’s share of German exposure is held by the state-owned development bank KfW, with lending to the Greek state totalling €15bn, banking industry group BdB said.

12/29/2014

Novo Banco Has Four Potential Buyers

While Novo Banco wants to fully pay back the EUR4.9 billion ($6.01 billion) capital injection it received from a bailout fund, analysts consider it unlikely the bank will fetch that much.

12/05/2014

ICICI Bank sells Russian subsidiary to Sovcombank

The board of country’s largest private sector lender ICICI Bank on Friday approved sale of the bank’s shareholding in its Russian subsidiary ICICI Bank Eurasia, to a third party Sovcombank.

12/04/2014

Russia Faced With 'Massive' Liquidity Problem Says Sberbank Chief

The head of Sberbank, Russia's largest lender, said Thursday that the banking sector was grappling with huge liquidity problems and warned that there was no easy money for Russian companies to be found in Asia, the Prime economic news agency reported