Russia

Albania I Belarus I Bosnia & Herezegovina I Bulgaria I Croatia I Czech Republic I Georgia I Hungary I Poland I Romania I Russia I Serbia I Slovakia I Slovenia I Turkey I Ukraine

Sberbank is Russia’s undisputed market leader by assets and equity but has frequently bemused analysts and investors alike with its apparent lack of direction. The bank was transformed in 2005, though, garnering rave reviews for its decision to compete actively in the booming consumer and corporate market segments.

Its strategy at last appears to be focused on strengthening its already dominant market position and simultaneously improving its profitability. The bank should be well set to benefit from continued strong growth in the sector, although there is always a concern that, with the state as majority shareholder, Sberbank might be forced to act in ways that do not make best business sense.

The Russian market is one of the most profitable and largest debt markets across the emerging market landscape.