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DGAP-News Sberbank: German Gref held the plenary session of the Forum 'Russia 2012' (deutsch)

Autor: dpa-AFX
 |  07.02.2012, 14:25  |  167 Aufrufe  |   0  | 

Sberbank: German Gref held the plenary session of the Forum 'Russia 2012'

EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous

Sberbank: German Gref held the plenary session of the Forum 'Russia

2012'

07.02.2012 / 14:25

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German Gref held the plenary session of the Forum 'Russia 2012'

February 2, 2012, Moscow - President, Chairman of the Board of Sberbank of

Russia German Gref was a moderator of the key plenary session of the Forum

'Russia 2012' - 'Russian economic policy in the days of global changes.'

Chairman of the Government of the Russian Federation V.V. Putin

participated in work of the session. The session included speeches of

Professor of Princeton University, Nobel-prize Winner in Economics Paul

Krugman; Professor of Chicago University, President of the American Finance

Association Rajan Raghuram; chairman of the Milken Institute Michael

Milken.

Considering size of its economy and educational level of population Russia

has perfect chances to create an International financial center in Moscow,

- believes Rajan Raghuram. 'But I would like to point out to the fact that

financial sector is a result of economic growth, but not its source. So far

as diversification of Russian economy grows, the financial sector will

speed up. Domination of financial sector in the economy is undesirable,' -

added the speaker.

'Such meetings with investors encourage optimism, and more important -

confidence, - noted German Gref. - We ourselves are the main competitor for

us. I am sure that Russia has a gigantic potential, and if our country

employs its unique possibilities, it may become a world leader.'

The Forum 'Russia 2012' is organized by Sberbank of Russia and its

affiliate company 'Troyka Dialog'.

# # #

OJSC 'Sberbank of Russia

Public Relations Administration

tel. +7(495) 957 5721

media@sberbank.ru

End of Corporate News

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07.02.2012 Dissemination of a Corporate News, transmitted by

EquityStory.RS, LLC - a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

EquityStory.RS, LLC's Distribution Services include Regulatory

Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English

Company: Sberbank

19 Vavilova St.

117997 Moscow

Russia

Phone: +7-495-957-57-21

E-mail: media@sberbank.ru

Internet: www.sberbank.ru

ISIN: US80585Y3080, RU0009029540, RU0009029557

Listed: Foreign Exchange(s) MICEX, RTS

End of News EquityStory.RS, LLC News-Service

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155710 07.02.2012

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