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VBI: Sberbank Injects € 300m
The Russian Sberbank raises the equity base of its new Austrian subsidiary VBI, which should become the hub for the CEE region.
VBI: Sberbank Injects € 300m / Picture: © Vindobona.org
After VBI was sold to the Russian Sberbank in February, the bank becomes a universal bank. The entry into the commercial segment has already been announced.
Today, Sberbank decided to inject € 300m in VBI, the re-elected CEO Friedhelm Boschert said. Sberbank improves VBI´s capital base in order to generate growth in the CEE region. VBI Group should act as headquarters for…
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