April 25, 2024

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German Gref

Sberbank: Lawsuit Against VBAG

The largest Russian banking group has filed a lawsuit against Austrian VBAG at the International Court of Arbitration.

VBAG is Forced to Continue Radical Downsizing Measures

The partly nationalized and financially stricken Austrian banking group has to implement a painful restructuring concept. At the moment, VBAG sells its properties.