Banks

Net profit of the Alfa Banking Group increased by 9.8% and amounted to USD 527 million in 2016 (against USD 480 million in 2015).

BNY Mellon’s Treasury Services business has realigned its leadership team in Europe, the Middle East and Africa

The European Investment Bank (EIB) has signed a EUR 75 million loan with real estate company Castellum, for the construction of two “Nearly zero-energy buildings” in Sweden.

Nordea’s customers can use Samsung Pay, a new payment service, to make in-store payments with their mobile phones

The annual IFM award recognises organisations for their significant contribution to the development of the financial services industry through outstanding performance and innovative approach.

Belarusbank is attracting a guaranteed loan from the People’s Republic of China. The respective agreement was signed on March 1, 2016 in Beijing, the capital of the People’s Republic of China. 

PJSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) and VTB Bank ("VTB" or "the Bank") signed agreements related to purchase 55 bn RusHydro’s shares and conclusion of a 5-year non-deliverable forward contract in respect of these shares.

 Sberbank (hereafter ”the Group”) has released its Annual consolidated IFRS financial statements (hereafter “the Financial Statements”) as at and for the 12 months ended 31 December 2016, with review report by AO PricewaterhouseCoopers Audit.

“VTB Capital remains the number one investment bank in Russia, once again leading DCM, ECM and M&A league tables in 2016.

NEC provides Sumitomo Mitsui Banking Corporation with new system