Monday 25 June 2018

Emirates NBD to buy majority stake in Turkey bank

UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank will sell its entire 99.85 per cent stake in Turkey-based private bank Denizbank to Emirates NBD. Upon cl


Emirates NBD in talks to buy Turkey bank stake

Emirates NBD Bank, a leading banking group in the region, has confirmed that it has commenced initial strategic discussions with Sberbank of Russia on acquiring Sberbank's existing shareholding in DenizBank.   


Invest AD inks co-op deal with top Russian bank

  Abu Dhabi financial services company Invest AD and Sberbank, one of the largest banks in Russia, have signed a co-operation agreement to introduce their clients to opportunities in their respective private equity, trade finance


Russia's Sberbank buys Turkish bank for $3.5bn

Russia's Sberbank on Friday clinched its largest deal, buying Turkey's DenizBank for 2.8 billion euros ($3.5 billion), expanding its footprint in emerging Europe and diversifying away from a home market that it dominates. State-controlled

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