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Sberbank (Russian: Сбербанк, a contraction of "сберегательный банк"; English: "Savings Bank of Russia") is the largest bank in Russia. Its headquarters are in Moscow, Vavilova street.

Contents 1 Ownership 2 Management 3 Key statistics 4 Largest Finacing Projects 5 Export Credit Agencies relationships 6 See also 7 External links

The Central Bank of the Russian Federation, also known as The Bank of Russia, is a majority shareholder of Sberbank, owning nearly 64% of its ordinary shares.

• Chairman and CEO: Andrei I. Kazmin
• CFO: Andrei F. Manoilo
• COO: Vladimir B. Sundeev

The bank has approximately 20,000 branches with 230,000 employees and revenues of 8 billion USD.

Highlights from the 2004 Annual Report:

• First place in the EBRD's Top 100 banks in 27 emerging market countries (EBRD, April 2004)
• Moody's upgraded the Bank's debt obligations rating from Baa3 to Baa2
• "Largest Bank in Central and Eastern Europe" (The Banker, July 2004)
• "Bank of the Year in Russia" (The Banker, September 2004)
• The primary source of funding, retail deposits, increased 23.6% to RUB 1.2 trillion
• 2004 net profit was RUB 19.3 billion, 38.4% higher than 2003
• Total assets are 1.9 trillion RUB
• Fitch Ratings raised the long-term credit rating for rubles and foreign currencies from BB+ to BBB-.
• The State Duma passed laws to establish tracking of credit histories
• The introduction of a Russian equivalent to the FDIC was phased in protecting accounts to 100,000 RUB
• Handled $268.8 million in American Express traveler checks
• Currently leasing 196,000 safe deposit boxes
• The bank opened about 15,500 unallocated bullion accounts in 2004.
• Sberbank has issued %25 of the bank cards in Russia (9.1 million)
• Sberbank's operates 4,816 ATMs
• Sberbank cards account for one third of all ruble card payments in Russia
• Handles salaries for 9.8 million people
• Handles stipends for 855,900 students
• Handles pensions for 10.4 million people (Russian Ministry for Healthcare and Social Development)
• Handles pensions for 1.84 million people (Russian Defence Ministry)
• Did $11.7 billion in foreign currency transactions
• Corporate loans accounted for 77.6% of Sberbank's portfolio
• Corporate loans totaled RUB 2.4 trillion in 2004
• Sberbank's card processing center handles 700,000 transactions a day

The Bank's largest ten borrowers received RUB 297 billion in 2004. Known projects include:

• GT TEZ Energo (construction of gas turbine electric power plants)
• Sevmorneftegaz (shipbuilding project to develop the Prirazlomnoye oil field)
• Sayanskhimplast (chlorine and caustic soda production facilities improvements)
• The "Svyazinvest's 2004 investment programme"
• Ilyushin Finance Co. (lease for three aircraft)
• Delta Telecom's (St. Petersburg cell network)

Sberbank signed cooperation agreements with several Export Credit Agencies (ECAs) in 2004 including Eximbank USA, Eximbank Hungary and the Israel Foreign Trade Risks Insurance Corporation. Sberbank has also cooperated with OeKB, ECGD, Euler Hermes, SACE, CESCE, EDC (Canada), Atradius (Netherlands), KUKE (Poland), COFACE (France), Finnvera (Finland), EGAP (Czech), EKN (Sweden), ERG (Switzerland), NEXI (Japan) and Japan Bank for International Cooperation.

• Vneshtorgbank
• Sberkassa

• Yahoo! - Sberbank Company Profile
• Sberbank (Savings Bank of Russian Federation) website