Banking Industry in Russia
The Russian banking sector comprising c.90% of the financial system’s total assets remains underdeveloped. Although the sector is overcrowded with more than 1000 banks operating in the market 100 largest banks command 85 % of the sector’s total assets. Top-five state-owned banks, primarily Sberbank, VTB,...
UK Trade & Investment on 25 Nov 2011 related to Banking in Russia
The UK continues to be the largest foreign investor in Russia. UK Trade & Investment has identified Financial and Professional Services as a major sector for UK companies in Russia.
UK Trade & Investment on 30 Sep 2010 related to Banking in Russia