Sberbank is the biggest Russian and Eastern European bank. Headquartered in Moscow, this institution was founded in 1841. The bank has preserved nearly half of the retail deposits and has a 30% share in the Russian lending market. Its head offices are 17 while the number of employees is approximately 265 000. The subsidiaries of the bank are situated in Kazakhstan, Ukraine, and Belarus. China and India are present in the plans for future development of the bank’s international business. Sberbank is a member of numerous international financial organizations. The bank is traded on MICEX and RTS for 13 years already. The major owner of the bank, with approximately 60 percent of the shares, is CBR. The remaining part is rendered to institutional and private investors. The net income of Sberbank is 4.16 billion USD. Its loan portfolio focuses on oil, natural gas, and mining concerns. The Chairman of the Board is German Gref.

Sberbank’s new strategy covers the period up to 2014 and involves risk management, efficiency incentives, cost optimization, improvement of the client-oriented model, technological enhancements, (by implementation of the Sberbank Production System), and increase in the number of international operations.

The statistics demonstrates that the top ten borrowers have received a total of RUB 297 billion from Sberbank during the last couple of years. The bank has been involved in a number of large scale projects amongst which: the construction of electric plants, oil business, production of chlorine and caustic soda facilities, aircraft, cell network, etc.

Sberbank has established business agreements with export credit agencies such as: Eximbank USA, Israel Foreign Trade Risks Insurance Corporation, and Eximbank Hungary. Mutual cooperation has been settled with a number of institutions in Canada, Netherlands, Poland, France, Finland, Czech, Sweden, Switzerland, and Japan.

The main products and services of the bank are offered in the corporate and retail banking sectors. The retail banking segment covers current accounts, deposits, custody, savings, debit cards, mortgages, and loans businesses. The corporate banking segment is represented by operations with current accounts, overdrafts, loans, deposits, credit facilities, derivative products, and foreign currency.

Recently, Opel Trust and General Motors acquired 55 percent of Opel, half of which is the ownership of Sberbank consortium: a 500 million EUR investment in the deal.

Sberbank is not only a giant investor but also a generous sponsor. Recently, the bank has become the general sponsor of the Russian Olympic Committee for the duration of the games and their preparations. Sberbank will support the national team in Turin and assist the Committee in domestic contests. The Olympic Committee, on the other hand, helps Sberbank for its corporate sport events such as Sberbankiads.

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