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Russia: Sberbank and “Troyka Dialogue” merged

Russia: Sberbank and "Troyka Dialogue" mergedSberbank and Investment Company “Troyka Dialogue” declared about the merger, as published in the companies’ releases. Thus, the largest universal bank institute is created.

As it is highlighted in the release, this deal will allow Sberbank to offer clients high-professional financial advice and vast choice of investment strategies. The largest bank of Russia will be able to offer a large variety financial instruments – from ordinary credit to  more complex investment products, alongside global market products.

Within the framework of integration new business opportunities will be created. This includes new corporate investment bank products, and also subdivision of wealth management. The latter will include the development of private banking products.