Bank of the year

The Banker names Sberbank as "Bank of the Year"

Contact

Alexander Baziyan 
Public Relations 

Sberbank of Russia
Tel. +7(495) 957 5721 
media@sberbank.ru

The Banker names Sberbank as "Bank of the Year"

November 30, 2012, London – The Banker Magazine has named Sberbank as its ‘Bank of the Year’ for 2012 in its annual Awards ceremony. In awarding Sberbank ‘Bank of the Year’ the Banker has recognized an outstanding year for the Bank, with its achievements including the well-received secondary public offering of $5.2bn and successful international expansion through acquisitions in Eastern Europe and Turkey.

Regarded as the industry standard for banking excellence, the Banker Awards are hotly contested by the world's leading financial institutions. Entrants are judged on their ability to deliver shareholder returns and to gain strategic advantage. The ‘Bank of the Year’ Award looks at the successes and achievements of the world’s top financial institutions and is given to a single bank in each year.

Sberbank was recognized for the leading role it plays in the Russian financial system and economy as well as achievement of its international strategic goals andresilience in the face of continued global volatility.

Anton Karamzin, Deputy Chairman of the Management Board of Sberbank, commenting on the award, said: “We are honored to receive this award. Clearly the continued global volatility and market uncertainty were great challenges for all major international companies, especially banks. Despite this we have continued to grow our business both in Russia and internationally and enjoyed a highly successful secondary public offering in London. That Sberbank enjoyed such a strong year against the challenging global environment is testament to both our resilience and our potential.”


Sberbank of Russia is the largest bank in Russia and holds almost one third of all Russian banking sector assets. The Central Bank of the Russian Federation is the founder and major shareholder of Sberbank, owning 50% of the total share capital plus one voting share. Other shares are held by more than 245,000 individual and institutional investors. The Bank has the largest distribution network in Russia with over 19,000 offices as well as subsidiaries in 20 countries including the CIS, Central and Eastern Sberbank of Russia Europe and Turkey. In September 2012, Sberbank completed the acquisition of DenizBank AS which is ranked 6th among private and 9th among all Turkish banks by consolidated total assets. 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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