Sberbank Russia, founded in 1841, is Russia’s largest bank and a leading global financial institution.

Sberbank Europe AG Headquarter in Vienna

History

1841
Russian Emperor Nikolai I orders the formation of savings bank outlets at the Moscow and St. Petersburg treasury houses with his decree of 1841 – the year marking the inception of Russia's oldest bank, Sberbank

2006
as part of its international expansion policy, Sberbank opens a representative office in Kazakhstan

2007
Herman Gref, former Minister of Economics and Trade of Russia, is approved Chairman of the Management Board of Sberbank; 

2008
The Sberbank Supervisory Board unanimously approves the Sberbank Development Strategy until 2014, an important milestone of the transformation process of the Russian bank into an international organization.

2012
Sberbank Russia goes international and acquires Volksbank International in Europe and DenizBank in Turkey.

2013 
Sberbank Europe obtains a full banking license and gets its first Fitch rating with the investment grade BBB-. Serbank Europe launches its corporate business in Austria, and its employees in Vienna move to their new headquarters at Schwarzenbergplatz.

2014
All subsidiaries of Sberbank Europe have been fully rebranded into Sberbank. Sberbank Europe receives a syndicated loan of EUR 350 mn and launches its German online retail bank Sberbank Direct.

2015
Sberbank Direct in Germany gains EUR 1.7 bn in deposits within one year.

2016
Sberbank Europe AG sells its 99.5% stake in Sberbank Slovensko, a.s. to Penta Investments.

2017
Fitch affirmed its rating of Sberbank as ‘BB+’ with positive outreach

Read more about Sberbank Europe and Sberbank Russia’s history.

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