Announcement in relation to EU and US sanctions

Contact

Mag. Linda Michalech
Corporate Communications Manager

Sberbank Europe AG
Tel.: +43 1 22732 1300
Mobile: +43 664 8891 3662
linda.michalech@sberbank.at

Announcement in relation to EU and US sanctions

In relation to the inclusion to the EU sanctions list of Sberbank Russia, of which Sberbank Europe AG is a subsidiary, Sberbank Europe AG notes:

Sberbank Russia is the largest retail bank not only in Russia, but also in Central and Eastern Europe.

Sberbank 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.

In its operation Sberbank 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 Europe AG, headquartered and licensed in Austria, and its 9 subsidiary businesses in Central and Eastern Europe are not included on the US list of sanctioned entities. In addition, Sberbank Europe AG and its EU subsidiaries are not subject to EU sanctions and accordingly are not restricted in their access to the EU capital markets or in any other aspect. 

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

We, Sberbank Europe, continue to operate normally, with very good levels of liquidity and capital. We remain committed to servicing and supporting our clients, as always, and being an increasingly important and reliable partner in the economies of our countries of presence in Europe in line with our long term development strategy.


About Sberbank Europe Group
Sberbank Europe Group (Sberbank Europe AG), headquartered in Vienna, Austria, is a banking group that is 100% owned by Sberbank Russia. Sberbank Europe Group is present in 10 markets in Europe: Austria, Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Slovakia, Slovenia, Serbia, the Ukraine and Germany. In total the bank operates 277 branches and has 4.655 employees (as at 31.12.2013). Website: www.sberbank.at

About Sberbank Group
Sberbank 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 financial 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 a general banking license No. 1481 issued by the Bank of Russia. Website: www.sberbank.ru

Sberbank was awarded “Bank of the Year 2012” by The Banker magazine and “Best Bank in CEE and Russia 2013” by the Euromoney magazine.

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