Sberbank / Key word(s): Miscellaneous/Miscellaneous
01.08.2014 09:36

Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
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In relation to the inclusion of Sberbank of Russia to the EU sanctions list, Sberbank notes:

Sberbank of Russia regrets the fact that the sanctions have been imposed.
 

Sberbank of Russia is the largest retail bank not only in Russia, but also in Central and Eastern Europe. More than 107 million people are customers with the Bank; they receive their salary, scholarships and SOCIAL grants through the Bank alongside other payment transactions. 24 million elderly people receive state pensions in Sberbank, almost every Russian citizen over 14 years old is a customer of Sberbank.

 

Sberbank of Russia is a public company with an impeccable international reputation, the shares and GDRs of which are listed on the world's leading stock exchanges, over a third of the bank's shares are owned by investors from Europe and the United States, among the shareholders of Sberbank there are 217,000 individuals. The controlling shareholder of the Bank is the Central Bank of the Russian Federation.

 

In its operation Sberbank of Russia is guided by international best practice in its corporate governance, strictly adheres to the laws of the countries of its presence and meets all the standards of the European and American regulators.

 

Sberbank of Russia has all the necessary resources, management experience and expertise to continue to operate successfully in the current environment and to fulfil its obligations to its Russian and international customers and partners in compliance with the norms of Russian and international law.

 

Including Sberbank of Russia, which has no relation to the geopolitical processes, to the sanctions list undermines the foundations of the global financial system and does not contribute to the easing of the European crisis caused by the situation in Ukraine.

   

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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel.: +7 495 957 5721
media@sberbank.ru

Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.


01.08.2014 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Sberbank
              19 Vavilova St.
              117997 Moscow
              Russia
Phone:        +7-495-957-57-21
Fax:          
E-mail:       media@sberbank.ru
Internet:     www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557 Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTS  
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