Russia's Gazprom Sees 2011 Ebitda Up 20%-22% On Year
MOSCOW -(Dow Jones)- Russian gas giant OAO Gazprom (GAZP.RS) expects 2011 adjusted earnings before interest, tax, depreciation and amortization, or Ebitda, to rise between 20% and 22% from last year to around $58 billion, the company's Chief Financial Officer Andrei Kruglov said Wednesday.
Source: FOX Business
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10. Record-breaking US$14bil bailout in Russia
MOSCOW: Bank of Moscow received the largest bailout in Russian banking history on Friday after a hostile takeover bid by VTB revealed a gaping hole in the books of Russia's fifth largest bank.
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Moody's ups OTP Russia financial strength rating
Moody's Investors Service on Friday upgraded the bank financial strength rating (BFSR) of OJSC OTP Bank (Russia) to D- (mapping to Ba3 on the long term scale) from E+ (mapping to B1 on the long term...
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Gazprom: To Lower Stake In Gazprombank To 25% Within Year
MOSCOW -(Dow Jones)- Russian gas firm OAO Gazprom (GAZP.RS) plans within the coming year to lower its stake in its lending unit Gazprombank (GZPR.RS) to 25% plus one share from 41.7%, as part of a drive...
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China's state-owned bank does not rule out merger with Russian commercial banks: CCB president
China Construction Bank (CCB) did not rule out the possibility of acquisitions of Russian commercial banks or investment in Russian banking field, CCB President Zhang Jianguo said Monday.
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Finance Ministry proposes doubling Gazprom's gas royalties
RBC, 18.05.2011, Moscow 10:26:54. Russia's Finance Ministry has proposed doubling the royalty tax on natural gas production for Gazprom starting 2012, Deputy Finance Minister Sergey Shatalov told reporters...
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HSBC says to wind down retail banking in Russia
MOSCOW (Reuters) - Europe's largest bank, HSBC ( HSBA.L ), has decided to close its retail banking operation in Russia and concentrate on servicing corporate clients, a document obtained by Reuters...
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Association of Russian Banks opens its congress in Moscow
MOSCOW, April 5 (Itar-Tass) - Higher quality and affordability of banking services will top the agenda of the 22d congress of the Association of Russian Banks that opens in Moscow on Tuesday.
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Financial News - Yahoo laying off 2000 employees, Russia to join WTO, Jaimie Dimon's Letter
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YouTube Suspends RussiaToday!is Alex Jones Next?Read this Video's Description
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Russia blasts NATO over Libya exporting revolution (8-Mar-12)(GLOBAL FOCUS series - Russia)
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MAXX - GET A WAY (feat. former Russian finance minister Alexei Kudrin)
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Saudi Arabia's King's Attack on Russia and China is Without Merit
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