Herman Gref

Herman Oskarovich Gref (born February 8, 1964) is a Russian statesman and top manager. He was the Minister of Economics and Trade of Russia from May 2000 to September 2007. He currently is the CEO and Chairman of the Executive Board of the largest Russian bank Sberbank.

Gref was first appointed as Minister of the newly formed Ministry of Economic Development and Trade on May 18, 2000 and was reappointed to the position in the succeeding Cabinet in 2004.

Herman Gref was a major advocate of Russia’s joining the World Trade Organisation.[4][5] He is also responsible for creation of the Stabilisation Fund. He was considered as one of the liberal reformers in Vladimir Putin's administration of the early and mid-2000s, besides Alexey Kudrin.

Herman Gref is member of boards and supervisory boards of a number of companies, including Yandex.

Rosneft was subjected to frank analysis


Sberbank CIB experts were skeptical about the company's strategy.

Transneft knew about the risks of losing 22 billion rubles from the deal with Sberbank


Transneft was aware of the risk of losses from the deal with Sberbank, which caused litigation between the companies. The calculation was provided by the bank itself, without explaining either its essence or the speculative nature of the transaction, Transneft notes.

Sberbank wants to increase profits to one trillion


That's the profit of all Russian banks taken together.   

Russians lose money because of constant failures in Sberbank


The largest bank of the country moves from one failure after another. First, ordinary customer debit cards suddenly became credit cards. Then the system of electronic payments, "Sberbank online", was broken again.

Yandex and Sberbank will trade together


They will create a joint venture on the basis of Yandex.Market.

Herman Gref has collected the most money of future pensioners


Sberbanks' pension fund overtook the former leader in that branch, Anatoly Gavrilenko's Alor Group funds. 

Sberbank is ruined by greed


How the head of Sberbank Herman Gref wanted to take a fee for using the ATM and how it did not work out.

The Safins' pipe business is given away in exchange for lobbying


Nikolay Yegorov took a controlling stake in the Zagorsky Pipe Plant as payment for assistance in securing financing from Sberbank.

The American claim to Sberbank and Herman Gref worth $750 million can be canceled


One of the defendants found a way to remove the plaintiff from the case.

Cash games


Why does the Ministry of Finance once again lure the citizens to by the federal loan bonds.

Moscow had a record revenue in 2016


Perhaps, 100 billion rubles in that income were provided by Sberbank. 

Kiev put an end to the Russian capital infusion


Subsidiares of the state banks of Russia cannot hope for any development.

Gref, Yevtushenkov and Rashnikova are united in venture capital investment


Sberbank and Rashnikova company invested 2 billion rubles in the venture capital fund of the AFC "System".

Sberbank and German Gref have become defendants in US court


They and a number of other companies and individuals received claims for $750 million.

Igor Mikhailushkin cheated Sberbank for 160 million rubles


For this he was sentences for three years' probation. Herman Gref's bank is dissatisfied with such a light sentence.

Sberbank offered a new credit to bankrupt Igor Mavlyanov


The owner of the collapsed Yashma-Zoloto chain got half a billion rubles for his development project from Gref's bank. 

Sberbank came into possession of President Plaza


The bank got it in settlment of the debt of 350 million dollars.

In aid of Gref: what will Sergey Ivanov's son will do in Sberbank


SOGAZ Head Sergey Ivanov comes to Sberbank to the position of Senior Vice President. He will develop the "Wealth Management" block, as revenues from it are falling. 

RBC investigation: how much employees of state companies earned in 2015


The economic crisis and the threat of losing jobs didn't much affect the employees of state-owned companies banks: although the salareis didn't increase, mass layoffs have been avoided. Many members of the management didn't even notice the devaluation of the ruble.

Ruble on the verge


The exchange rate of 85 rubles per $1 will cause the collapse of entire sectors in the economy.

Herman Gref: Sberbank should be fully privatized


The government has no discussions about that topic as of now. 

Gref has accused management of Transaero in causing the company to bankrupt


The head of Sberbank wished Aeroflot success in bailing Transaero out, since it would be "very difficult"

Transaero was marked down


The company may go under the control of Aeroflot for a ruble.

VTB will make a new claim for 2.6 billion rubles against Mechel


Previous bank claims against the debtor have been already satisfied by court. 

Drawing a spaceship


How a designer can make money on the verge of fantasy.

Low technology: why Sberbank contract jeopardized the business of Krok company


Overpriced servers for Sberbank, the break of cooperation with IBM, searches: that's not a complete list of troubles that hit the IT-company Krok. Who blames its general director Boris Bobrovnikov?

Sochi put at stake


The city goes through a struggle for bulding spaces for casinos. 

Herman Gref won't disclose his income


Sberbank believes that the presidential decree does not require to post information on the income of top managers in the public domain on the website.