OREANDA-NEWS. Sberbank CIB has been awarded an International Investment Award by Cyprus Investment Promotion Agency (CIPA) for its significant contribution to the development of the island as an international business centre.

The awards are conferred to organisations that have improved the regulatory, business environment and infrastructure, and provided employment in Cyprus. The award was received by Maxim Poletaev, First Deputy Chairman of the Executive Board of Sberbank, from the President of Cyprus, Mr Nicos Anastasiades, at the Presidential Palace.

Oleg Ganeev, Deputy Chairman of Sberbank's Executive Board, Head of Sberbank CIB, added, "This prestigious award is a testament to Sberbank CIB's excellent business results in Cyprus. By actively developing our international global markets platform, which is integrated into Sberbank, we strive to deliver innovative financial solutions to our clients. I'd like to say a special thanks to the entire team of SIB (Cyprus) Limited and the Global Markets Department for their professionalism and expertise, which helps clients achieve their objectives."