Sberbank's capitalization increased by 40.3 percent ($1.507bn) since the beginning of this year and amounted to $5.251bn as of May 30, 2003, Sberbank head Andrey Kazmin declared at an annual conference organized by Renaissance Capital.
Kazmin reiterated that on January 1, 2002 the bank's market capitalization was $1.484bn, on January 1, 2001 it was $352m. In 2002 Sberbank's net income amounted to 31.2bn rubles (about $1bn).
The bank's share on the Russian credit market is about 40 percent at present.
Malaysia needs Russia's assistance in maintaining and repairing Su-30MKM fighter jets
Japanese Prime Minister Shinzo Abe said that US army bases will not appear on the southern Kuril Islands in the even Russia delivers them to Japan
Posters for the play "Adam and Eve. Life after Paradise" with pictures of dancers Arsen Aghamalyan and Oksana Vasilyeva were banned in the city of Tver, Central Russia