Largest Russian bank expands to the Middle East with Abu Dhabi office

Pedro Gonçalves
Largest Russian bank expands to the Middle East with Abu Dhabi office

Sberbank, the largest commercial bank in Russia, Central and Eastern Europe is on course to open an office in Abu Dhabi by the end of this year.  Before the end of the year, Sberinvest Middle East Limited expects to obtain its final authorisation from regulator Abu Dhabi Global Market (ADGM) that will allow it to open an office in Abu Dhabi. Sberbank is looking to promote investment activity by implementing its clients' projects in both conventional and Islamic finance through cooperati...

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