Sberbank Net Worth is$74 B
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Company Name: Sberbank Rossii , ???????? ??????
Company Type: Public company
Traded As: SBER
Foundation: 1841
Location: Moscow, Russia
Key People: Sergey Ignatev (Chairman) ,
Num Employees: 252,398
Industry: Banking, Financial Services
Owner: Central Bank of Russia
Products: Credit cards, Retail banking, Commercial bank, Financial services, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
Revenue: net income
Assets: divisions
Subsid: Troika Dialog
Homepage: {{url/
Coordinates: 55A?41a??55.69a??N 37A?34a??45.54a??Ei>>? / i>>?55.6988028A?N 37.5793167A?Ei>>? / 55.6988028; 37.5793167
Sberbank Rossii (Russian: ?????uN?????? 1/2 ?? ? ? 3/4 N?N??,?, - Sberbank Rossii, a contraction of "N????uN??u????N??u?>>N?? 1/2 N??? ????? 1/2 ??" - sberegatelE?nyA- bank; English: "Savings Bank of the Russian Federation") is the largest bank in Russia and Eastern Europe, as well as being the third largest in Europe. The company's headquarters are in Moscow and its history goes back to Cancrin's financial reform of 1841. The bank offers a full range of savings, investment, and lending services. Motto: ??N??u?????? N?N???? 3/4 ? 1/4 (vsegda ryadom) - Russian for "By your side".
Emperor Nicholas I established the first private savings institutions in Russia in 1841 when he approved a statute "for the purpose of providing a means for people of every rank to save in a reliable and profitable manner". The next year, savings offices opened in the state treasury departments in Moscow and St. Petersburg. Over the next 20 years, about 45 such offices opened in nearly all of Russia's regional capitals. The State Bank of Russia, or Gosbank, was formed in 1860 and the savings offices were soon transferred under its jurisdiction.
By 1924, the chervonets pushed out the old Soviet banknotes and became the sole currency. The State Bank of the USSR, or Gosbank, was established in 1923 and the network of savings banks was reconstituted. Encouraging savings was a government priority in the late 1920s. The state targeted the general public with the magazine Sberegatelnoe Delo, or "Savings Business", which contained articles by leading government planners.
Control of savings banks was transferred to the People's Commissariat of Finance in 1929. The first Five-Year Plan of 1928-32 set ambitious targets for the promotion of personal savings, but the plan was only about 50% fulfilled because few people had any money to save. The situation improved under the s

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Sberbank Latest News

Kiev-based financial group buys Ukrainian unit of Russia's Sberbank

Women walk past an office of Sberbank in Moscow, Russia, September 12, 2014. (Reuters Photo) KIEV, Dec. 13 (Xinhua) -- The Kiev-based financial group TAS said Wednesday that it has completed a deal to purchase VS bank, the Ukrainian unit of Russia's ...
Posted: December 13, 2017, 9:11 am

UPDATE 2-Russia's Sberbank to pay 50 pct of earnings in dividends by 2020 -CEO

LONDON, Dec 14 (Reuters) - Sberbank plans to meet a government demand to pay 50 percent or more of its earnings in dividends by 2020, if conditions are favourable, German Gref, the chief executive of Russia's largest lender, said on Thursday. Gref said the ...
Posted: December 14, 2017, 8:38 am

Sberbank and Alibaba abandon joint venture talks

Plans for an ambitious partnership between Russia’s biggest bank and China’s top ecommerce group have fallen apart after nearly a year of negotiations, people familiar with the talks have told the Financial Times. Sberbank, which holds half of all ...
Posted: December 14, 2017, 7:13 am
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