Russia's banking system has not yet reached its most painful point, German Gref, chief executive officer of top lender Sberbank and a former economy minister, said on March 21.
Reuters: CEO of top lender Sberbank says worst not over for Russian banks
A woman speaks on her mobile phone next to a screen displaying Sberbank's, the largest state-owned bank in Russia, shares quotation in Moscow on Dec. 16.