Gazprombank

Sanctions against Gazprombank threaten Turkey

Sanctions against Gazprombank threaten Turkey

The U.S. sanctions policy towards Russia creates risks for Turkey's energy security, Russian Ambassador to Turkey Alexey Yerkhov said. He noted that Turkish companies from the real sector of the economy are more and more frequently …

Turkey and Russia may pay for gas in national currencies

Turkey and Russia may pay for gas in national currencies

Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …

Gazprombank launches yuan remittances for individuals

Gazprombank launches yuan remittances for individuals

Gazprombank has launched money remittances for individuals in Chinese yuan from their accounts to the accounts of individuals and legal entities in any other bank in Russia or abroad, the credit institution said. Gazprombank retail …

Gazprombank presents its possibilities in Azerbaijan

Gazprombank presents its possibilities in Azerbaijan

Gazprombank is ready to participate in all Azerbaijani investment projects implemented on a project finance basis, the bank's deputy chairman Famil Sadigov said during the business seminar 'Azerbaijan on the way to the …

SOCAR Polymer fully uses Gazprombank loan

SOCAR Polymer fully uses Gazprombank loan

Director General of SOCAR Polymer LLC Farid Jafarov said that the company has fully used the loan provided by Russia's Gazprombank. In June 2015, the Azerbaijani state-owned company SOCAR and the Gazprombank …

Russia's Sberbank loses leadership

Russia's Sberbank loses leadership

Sberbank has ceased to be the most reliable bank in Russia, according to Forbes ranking of the 100 most reliable Russian banks of the current year, based on their international ratings. It was bypassed by three credit organizations: Rosbank …

Presentation of Gazprombank held in Baku

Presentation of Gazprombank held in Baku

A presentation of Gazprombank (GPB) was held in Baku today, the First Vice-President of GPB, Alexander Kaznacheyev, presented the opportunities of the Russian oil and gas giant Gazprom's bank in Azerbaijan, the …

Gazprombank finances construction of two SOCAR plants

Gazprombank finances construction of two SOCAR plants

The State Oil Company of Azerbaijan (SOCAR) and Gazprombank have signed an agreement to finance the construction of plants for production of polypropylene and high density polyethylene by SOCAR Polymer company. The document was

Moody’s lowers ratings of top Russian banks

Moody’s lowers ratings of top Russian banks

 Moody’s has lowered the ratings of Russia’s Sberbank, VTB, Gazprombank, Rosselkhozbank, Agency for Housing Mortgage Lending, VEB and Alfa-Bank, Gazeta.ru reports.Moody’s lowered the credit rating of Russia to Ba1 speculative grade. 

Russia to spend 2 trillion rubles in attempt to save ramshackle economy

Russian Prime Minister Dmitry Medvedev will present an anti-crisis plan to President Vladimir Putin. The document composed by the Ministry for Economic Development consists of 101 provisions and will cost the government a whopping sum of 2 trillion rubles. It will be the final version of the plan for sustainable development of the economy and social stability in 2015.