Russian bank becomes most expensive bank in Europe

17:50 - 6.10.2021

October 6, Fineko/abc.az. On 5 October, the ordinary shares of Sber updated the historical maximum, breaking the threshold of 350 rubles on the Moscow Stock Exchange.

ABC.AZ reports that after that, the capitalization of the company (including preferred shares) reached 7.96 trillion rubles.

According to this indicator, Sber has surpassed the largest UK credit institution HSBC and has become the most expensive bank in Europe.

Along with this, on 6 October, the ordinary shares of Sber again broke the record, reaching 375.48 rubles.

Taking into account the prefs, the capitalization of the company as of 14:25 Baku time reached 8.2 trillion rubles.

 

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