Sberbank held its annual analyst meeting in Moscow on Jan. 31, featuring such speakers as the Deputy Chairman of the Board Alexander Morozov and Senior Vice President Anton Karamzin.
The meeting was attended by more than 25 leading analysts from investment houses in Russia and abroad.
Anastasia Belyanina, the head of investor relations, also spoke at the event.
Morozov presented key financial indicators for the upcoming year, citing an increase in operational efficiency as the company's main priority.
Morozov added that the bank will be preparing for a transition to Basel 3 in accordance with Regulation 395-P. The company is expected to see its core capital increase to $40 billion by the first of February. This will increase the adequacy of the core equity tier one ratio to more than 8 percent.
Sberbank is the largest bank in Russia and holds approximately one-third of the aggregate banking sector assets in the country.
- National Bank of Ukraine removes restrictions on foreign-currency transactions, investment metals
- Black Sea Trade & Development Bank visits Azerbaijan to boost business relationships
- VTB Bank finances three new planes for SunExpress airline
- National Bank of Ukraine makes it easier for businesses to invest abroad
- National Bank of Ukraine eases lending regulations for deposit guarantee funds to other banks
- Black Sea Trade and Development Bank, Russian Federal Corp. for SMEs support business growth
- Oleg Demidov named commercial director for Rosbank Factoring
- Eurasian Development Bank sells bonds on Kazakhstan Stock Exchange
- EY World Entrepreneur of the Year event to name world's top entrepreneur
- ACBA-CREDIT AGRICOLE, Microsoft parter for Armenian digital business technology seminar