Tag: Sberbank

Can Sberbank Open Branches in Crimea Now?

Sberbank in the Czech Republic has been all but destroyed in the Czech Republic in the wake of the Ukraine war. I used to joke that Sberbank has more branches in the Czech Republic than it does in the Republic of Crimea. There weren’t any Sberbanks in Crimea…

I really wonder what led Sberbank to open branches in the EU? Don’t they do risk assessment before investing? A large institution like Sberbank could afford a media analysis of the mainstream Czech papers and found out that those are thoroughly Russophobic. Obviously, they didn’t do any of that and now all their branches are closed. They may open some in Crimea, and in Ukraine now.

Sberbank and Mail.ru Blacklist South Front After US Sanctions

Not that I read the South Front often but given US sanctions against some Russian news outlets made me more interested in them. Banned information is welcome on this blog…

But what I read made me certain Sberbank is evil, and I actually now know the reason why I feel revulsion at seeing their commercial here in the Czech Republic. There are more Sberbanks in the Czech Republic than in Crimea.

I quote from South Front:

In early May, accounts of SouthFront Team registered on Russian state-funded donation platforms were blocked. This hostile act was undertaken by subsidiaries of Mail.ru Group. The major shareholder in Mail.ru Group is Russia’s state-owned bank Sberbank (Sberbank of Russia). This banking and financial services company is the largest one in Russia.

Russia is under attack, and the sooner Russia deals with the likes of Sberbank, the better for Russia. As for Sberbank in the Czech Republic, I really hope they are met with the basic Russophobia of the locals, and will close shop…