North Korea test fires another missileWorld May 29, 1:29
Russia’s Zvyagintsev wins Jury Prize at 70th Cannes Film Festival with his LovelessSociety & Culture May 28, 21:32
Three Russian tourists hurt is road accident with tourist minibus in TurkeySociety & Culture May 28, 18:58
Some 40,000 cyclists taking part in Moscow cycle paradeSociety & Culture May 28, 18:33
Corporation Irkut: MS-21 first flight performed in routine modeBusiness & Economy May 28, 16:54
Ukrainian military launch more than 180 shells, mines on Donetsk within one dayWorld May 28, 16:36
Minister: Russia may supply 1,000 MC-21 planes to 2037Business & Economy May 28, 14:42
Lavrov: China, ASEAN interested in organization of Eurasian partnershipRussian Politics & Diplomacy May 28, 11:45
MC-21 airliner makes first test flight - sourceBusiness & Economy May 28, 11:00
Sberbank KIB analysts said that the sanctions would hardly affect major Russian banks with state capital as they have already been unable to borrow in the West since March when the geopolitical situation began to deteriorate.
The stocks of leading oil companies did not react to the EU sanctions. Rosneft shares grew by 1.4%, Gazprom Neft’s stocks rose by 1.3%, and Transneft’s securities gained 1.6%
Sberbank’s ordinary shares went a notch up by 0.54% and those of VTB by 0.4%
Rostec officials said the EU sanctions would have no impact on its defense enterprises’ current operations as they do not borrow abroad at all.
The United Aircraft Corporation also said that it met its capital needs by borrowing on the domestic market, while foreign borrowing accounted for less than 1% of its loan portfolio.