|BEST BANK: Sberbank
BEST DEBT HOUSE: ABN Amro
BEST EQUITY HOUSE: Deutsche Bank
BEST M&A HOUSE: Morgan Stanley
Its strategy at last appears to be focused on strengthening its already dominant market position and simultaneously improving its profitability. The bank should be well set to benefit from continued strong growth in the sector, although there is always a concern that, with the state as majority shareholder, Sberbank might be forced to act in ways that do not make best business sense.
The Russian market is one of the most profitable and largest debt markets across the emerging market landscape.