Sberbank of Russia

SberBank selected RAS highlights for 12M 2022

Retrieved on: 
Thursday, February 2, 2023

Net fee and commission income increased by 16.7% y-o-y in December 2022 to RUB67.5 bn, or by 6.2% y-o-y for 12M2022 to RUB614.8 bn.

Key Points: 
  • Net fee and commission income increased by 16.7% y-o-y in December 2022 to RUB67.5 bn, or by 6.2% y-o-y for 12M2022 to RUB614.8 bn.
  • Sberbank PJSC exceeds all management buffers to capital adequacy ratios that were set by the Supervisory Board in December 2021.
  • This document has been prepared by Sberbank of Russia (the “Bank”) and has not been independently verified.
  • Sberbank assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

TA Advisory FZ LLC: Main Fortenova equityholder takes action in Netherlands court to prevent “corporate power grab” by second-largest equityholder

Retrieved on: 
Monday, January 9, 2023

On January 3, 2023, Fortenova called a meeting of Fortenova’s depositary receipts holders, scheduled for January 12.

Key Points: 
  • On January 3, 2023, Fortenova called a meeting of Fortenova’s depositary receipts holders, scheduled for January 12.
  • This seeks to block the proposed changes and to commence an investigation of Fortenova management’s conduct.
  • Mr Alketbi is also calling on other depositary receipt holders in Fortenova to protect their own rights in Fortenova.
  • Mr Alketbi is advised by lawyers TA Advisory in Dubai, as well as legal counsel in other jurisdictions.

Sberbank: SberBank selected RAS highlights for 11M 2022

Retrieved on: 
Sunday, December 18, 2022

Net fee and commission income increased by 16% y-o-y in November 2022 to RUB57.0 bn, or by 5.1% y-o-y for 11M22 to RUB547.3 bn.

Key Points: 
  • Net fee and commission income increased by 16% y-o-y in November 2022 to RUB57.0 bn, or by 5.1% y-o-y for 11M22 to RUB547.3 bn.
  • Operating expenses in November 2022 declined y-o-y  to RUB64.3 bn.
  • Net profit in November 2022 reached RUB124.7 bn, up by 22.7% y-o-y, while for 11M22 amounted to RUB174.8 bn.
  • Sberbank PJSC exceeds all management buffers to capital adequacy ratios that were set by the Supervisory Board in December 2021.

SberBank selected RAS highlights for 10M 2022

Retrieved on: 
Friday, November 11, 2022

Net fee and commission income increased by 17.3% y-o-y in October 2022 to RUB56.8 bn, or by almost 4% y-o-y for 10M22 to RUB490 bn.

Key Points: 
  • Net fee and commission income increased by 17.3% y-o-y in October 2022 to RUB56.8 bn, or by almost 4% y-o-y for 10M22 to RUB490 bn.
  • The net profit in October 2022 reached RUB122.8 bn and exceeded RUB50 bn for 10M22.
  • Sberbank PJSC exceeds all the management buffers to capital adequacy ratios that were set by the Supervisory Board in December 2021.
  • This document has been prepared by Sberbank of Russia (the Bank) and has not been independently verified.

PAO Severstal: The forced conversion of GDRs has been prolonged in the Russian Federation

Retrieved on: 
Saturday, October 22, 2022

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • PAO Severstal (MOEX: CHMF) (Severstal) informs that the deadline for applying for forced conversion of Severstal's Global Depositary Receipts (GDRs) have been extended until November 10, 2022 inclusive.
  • The deadline was extended to ensure that the owners of the securities have enough time to collect the necessary documents and submit the application.
  • We recommend that Severstal GDR holders who wish to exercise their right of forced conversion promptly contact the Depository of Sberbank PJSC to clarify the procedure and details of such forced conversion.

Global Merchant Acquiring Market Report to 2027 - by Type, End-user, Distribution Channel, Technology and Region - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 1, 2022

Factors such as the shift to cashless promises to lower costs, increase convenience, and greater security for consumers and businesses is driving the merchant acquiring market.

Key Points: 
  • Factors such as the shift to cashless promises to lower costs, increase convenience, and greater security for consumers and businesses is driving the merchant acquiring market.
  • Merchant Acquiring Market driven by a surge in innovation, an enthusiastic community of new entrants, and a proliferation of new payment experiences.
  • The report analyses the Merchant Acquiring Market By Type (Debit Card, Credit Card)
    The report analyses the Merchant Acquiring Market By End-User (Retail, Hotels and Restaurants, Healthcare, Others)
    The Global Merchant Acquiring Market has been analysed by Countries (United States, Canada, Germany, U.K, France, Italy, China, Japan, India, South Korea)
    The key insights of the report have been presented through the frameworks of company's SWOT Analysis, Porter's Five Forces Analysis.
  • The companies analysed in the report include - Fiserv, Inc., JPMorgan Chase & Co., Fidelity National Information Services, Inc. (FIS), Sberbank, Bank of America, Global Payments Inc., Adyen, SHIFT4 PAYMENTS, INC., Citigroup Inc., China UMS
    4.2 Global Merchant Acquiring Market, Market Size, By Value, 2017-2027
    4.3 Global Merchant Acquiring Market: Growth and Forecast
    10.

VK to acquire 100% of Delivery Club and exit the O2O Holding joint venture

Retrieved on: 
Tuesday, August 23, 2022

Its products help millions of people with their day-to-day needs online.

Key Points: 
  • Its products help millions of people with their day-to-day needs online.
  • The company provides a number of solutions for digitizing business processes, from online promotion and predictive analytics to corporate social networks, cloud services and enterprise automation.
  • Holding almost one-third of aggregate Russian banking sector assets, Sberbank is the key lender to the national economy and one of the biggest deposit takers in Russia.
  • Official websites of the bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru .

PAO Severstal: Severstal informs about submission of a notification for automatic conversion of GDRs

Retrieved on: 
Monday, August 15, 2022

Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • PAO Severstal (MOEX: CHMF; LSE: SVST) informs that, in accordance with Federal Law No.
  • For questions related to the conversion, investors should contact the following contacts: tel.

PAO Severstal: Severstal announces its intention to cancel the listing of Global Depositary Receipts on the London Stock Exchange

Retrieved on: 
Friday, July 22, 2022

Severstal expects that the cancellation of listing will take effect on the 21st business day from the date of this notification.

Key Points: 
  • Severstal expects that the cancellation of listing will take effect on the 21st business day from the date of this notification.
  • possible options for exercising their rights, including the rights to convert the GDRs into ordinary shares of Severstal.
  • We also draw the attention of the GDR holders that on 14 July 2022, the provisions of Federal law No.
  • We will regularly publish further updates on the developments with respect to the GDR Program upon receipt of relevant information.

Sber informs clients about the start of locked DR conversion

Retrieved on: 
Wednesday, July 20, 2022

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • 319-FZ dated July 14, 2022 has made possible the conversion of the Sber depository receipts (ISIN: US80585Y3080, US80585Y4070) listed abroad into ordinary shares by law.
  • Depending on their storage location, they will be converted automatically or upon filing an application.
  • More information about the conversion of depositary receipts into Sber ordinary shares will be available in the frequently asked questions section on Sber website.