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Russia's War Against Ukraine

Bloomberg: Sberbank slumps as Ukraine-linked provisions curb profit

By Bloomberg.
People walk past Sberbank's headquarters in Moscow on Sept. 19, 2012.
Photo by AFP PHOTO / ANDREY SMIRNOV

Sberbank, Russia's largest lender, extended its 2014 slide after cutting an annual profitability estimate as financing restrictions and higher loan provisions linked to Ukraine reduced income. 

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