Sberbank has been ranked first among the banks in Central and Eastern Europe

Sberbank ranked first by The Banker magazine

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Mag. Linda Michalech
Corporate Communications Manager

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

Sberbank ranked first by The Banker magazine

Sberbank has been ranked first among the banks in Central and Eastern Europe, extending its lead over its closest competitors in the annual ranking of the "Top 1000 banks" in the world, published by the British magazine The Banker. Sberbank increased its Tier 1 capital by $6.46bn to $43.52bn. 

In the overall standings Sberbank took 33rd place, up one place compared to last year. Industrial and Commercial Bank of China (ICBC) and China Construction Bank took the leading positions in the ranking, as the year before.

The Banker is a specialized monthly magazine focused on international finance and owned by The Financial Times Ltd. Published in London, The Banker has been carrying annual rankings of the largest banks in the world since 1970. For the ranking the experts of The Banker magazine use an index based on Tier 1 capital. 

In Central and Eastern Europe Sberbank Group operates through its 100% subsidiary Sberbank Europe AG. In 2013 Sberbank Europe achieved the turn-around and posted a net profit of EUR 5.6 mio after losses in 2012. Mark Arnold, CEO of Sberbank Europe, said: “2013 was a turn-around year for our European operations. We are very happy that Sberbank has made it to the top with this prestigious recognition by The Banker magazine.”


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 9 markets in Central and Eastern Europe (CEE): Austria, Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Slovakia, Slovenia, Serbia and the Ukraine. 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 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 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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