Supervisory Board of Sberbank of Russia holds a meeting
December 12, 2014, Moscow - Sberbank of Russia announces the outcome of the meeting held by its Supervisory Board.
The Supervisory Board reviewed information on the implementation of the Sberbank Group 2014-2018 Development Strategy in 2014 and made a decision to continue discussing this issue in the 2nd quarter of 2015. Also, the Supervisory Board reviewed information on risk management, development of the branch network, and development of Digital at Sberbank.
The Supervisory Board also listened to a report on Sberbank's corporate governance system and approved in general the Action Plan for Implementing Recommendations of the Code of Corporate Governance, which was approved by the Bank of Russia on March 21, 2014.
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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 17,000 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.
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