Sberbank holds Analyst Day

 

• Sberbank has presented a forecast for key financial indexes for 2019 and talked about new areas of the business development.

 

12 December 2018, Moscow - Sberbank has held Analyst Day in which representatives of leading international and Russian investment funds and global brokerage companies have participated. About 300 people attended the meeting, including online broadcast audience. Analyst Day was held in Sberbank Agile Home.

 

The forecast for key financial indexes for 2019, prepared by Sberbank, is presented in the table below.

 

The meeting programme consisted of the following presentations:

 

• Vice President, Director of the Strategy and Development Department of Sberbank Yekaterina Latypova talked about Strategy 2020 implementation.

 

• Deputy Chairman of the Executive Board of Sberbank Svetlana Kirsanova presented main development areas of the bank card and non-cash payment business.

 

• Vice President and Head of the Digital Business Development Unit of Sberbank Mark Zavadsky talked about new areas of business development in the ecosystem.

 

• CEO of Yandex.Market Maxim Grishakov presented the e-commerce platform, developed jointly by Sberbank and Yandex.

 

• Deputy Chairman of the Executive Board of Sberbank Alexander Morozov and Senior Vice President of Sberbank Dzhangir Dzhangirov presented the forecast for financial indexes and risk metrics for 2019, prepared by Sberbank. Managing Director of Macroeconomic Researches Centre of Sberbank Nikolay Frolov added a macroforecast in their presentation.

 

"In my opinion, it is very important to support continuous dialogue with the market's participants, and the importance of such a dialogue is even more significant under the uncertainty and high volatility. Open discussion on the business development, its dynamic, forecasts plays an important role in increasing Sberbank's investment appeal," said Deputy Chairman of the Executive Board Alexander Morozov.

 

Sberbank guidance 2019
		2019 Guidance
EFFICIENCY	Cost to income Ratio (CIR)	-50-100 bps yoy
PROFITABILITY	NIM (average)	Over 5.5%
	Net Fees & Commission Income Growth	Mid-teens
	Cost of Risk	Around 130 bps*
	ROE	Over 12.5%
CAPITAL	CET 1 CAR under Basel 3 for the Group	Over 12.5%
*Subject to FX volatility

 

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Sberbank

Valeria Kungurtseva

Press Office  

Tel. +7 495 957-57-21

media@sberbank.ru

https://twitter.com/SberbankMedia

 

 

Sberbank 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 authorised capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 145 million customers in 22 countries. Sberbank has the largest distribution network in Russia with almost 15,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.

 

The Bank holds the general banking licence No.1481 issued by the Bank of Russia. Official websites of the Bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru.