Europe comprises more than 731 million people in 48 countries and is home to some of the wealthiest economies in the world. The key industries driving the European economy are agriculture & fishing, manufacturing, energy and investing & banking. Here is a rank-wise list of the top 10 European companies in 2014 based on their profits.
Sberbank is the largest bank in not only Russia but also the entire of Eastern Europe. The company was established in 1841 and is headquartered in Moscow, Russia. It offers a highly diversified range of investment, savings and lending services. 70% of the Russian population uses the bank’s services. It has 17 territorial banks and has 18,212 branches situated in all of the 83 constituent entities of the Russian Federation. The bank accounts for 1/3rd of the banking system in the Russian economy.
The company’s banking services include retail banking, corporate banking and financial markets. It provides a wide range of banking services to its retail clients, which include solutions such as bank insurance, deposits, various types of loans and bank cards, money transfers and brokerage. It is engaged in international activities through correspondent accounts, direct settlement agreements, membership in a number of international financial organizations and trade finance operations.