Sberbank of Russia

Sberbank holds Supervisory Board meeting

Retrieved on: 
Friday, March 19, 2021

Convene the Annual General Meeting of Sberbank PJSC shareholders on 2020 results.

Key Points: 
  • Convene the Annual General Meeting of Sberbank PJSC shareholders on 2020 results.
  • Set April 23, 2021, as the date for holding the Meeting (deadline for sending voting ballots).
  • preliminary approve the 2020 annual report by Sberbank PJSC, which includes the information about Sberbank PJSC's related-party transactions in 2020
    preliminarily approve the distribution of Sberbank PJSC's profit and establish that the profit that is not allocated for payment of 2020 dividends will continue to be part of Sberbank PJSC's retained earnings.
  • Submit the following resolution for approval by the AGM of Sberbank PJSC shareholders regarding the distribution of Sberbank PJSC's 2020 net profit after taxes in the amount of RUB709,891,879,066.73: pay RUB422,375,927,600.00 as dividends, the profit in the amount of RUB287,515,951,466.73 should remain part of Sberbank PJSC's retained earnings.

Sberbank: Оn Holding a Meeting of the Supervisory Board of the Issuer and Its Agenda

Retrieved on: 
Friday, March 19, 2021

On reviewing matters related to preparing and holding the Annual General Meeting of Shareholders of Sberbank on 2020 performance:

Key Points: 
  • On reviewing matters related to preparing and holding the Annual General Meeting of Shareholders of Sberbank on 2020 performance:
    4.1.
  • On reviewing the candidates to the Supervisory Board proposed by the shareholders of Sberbank to be elected at the Annual General Meeting of Shareholders of Sberbank on 2020 performance.
  • On the agenda of the Annual General Meeting of Shareholders of Sberbank on 2020 performance.
  • On reviewing amendments to the Regulations on Remuneration and Compensation Payable to the members of the Supervisory Board of Sberbank.

PJSC RusHydro: RusHydro signs guarantee agreement with PJSC SBERBANK

Retrieved on: 
Wednesday, March 17, 2021

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced signing of guarantee agreement with PJSC Sberbank.

Key Points: 
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced signing of guarantee agreement with PJSC Sberbank.
  • PJSC RusHydro obliges to be responsible for obligations of JSC Far Eastern Hydrogenating Company (JSC DGK) regarding revolving loan facility for 7 years with limit of up to RUB 10 bn.
  • RusHydro Group is the leading producer of renewable energy in Russia.
  • It is one of Russia's largest generating company and is the fourth in the world with over 400 generating facilities.

Sberbank: Sber earned RUB86.7 bn for 1M 2021 (RAS)

Retrieved on: 
Friday, February 5, 2021

Please note that some minor changes became effective in Sberbank's internal methodology starting from January 1, 2021.

Key Points: 
  • Please note that some minor changes became effective in Sberbank's internal methodology starting from January 1, 2021.
  • The effect of subsequent events is excluded from the numbers as of January 1, 2021.
  • The Bank earned RUB86.7 bn.
  • "In January Sberbank earned a net profit of RUB86.7 bn.

Sberbank: Director/PDMR Shareholding

Retrieved on: 
Wednesday, January 27, 2021

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.
  • The issuer is solely responsible for the content of this announcement.
  • Sberbankinforms that its PDMRHerman Gref,Chief Executive Officer, Chairman of the Executive Board of Sberbank PJSC,made the transaction inSberbank's debt instruments.

Sber earned RUB781.6 bn for 2020FY (RAS) excluding the effect of subsequent events

Retrieved on: 
Friday, January 15, 2021

Sberbank releases Financial Highlights for 2020, excluding the effect of subsequent events

Key Points: 
  • Sberbank releases Financial Highlights for 2020, excluding the effect of subsequent events
    The numbers are calculated in accordance with Sberbank's internal methodology.
  • The effect of subsequent events is included in the numbers as of January 1, 2020 but excluded from the numbers as of January 1, 2021.
  • The Bank earned RUB781.6 bn in net profit for the year, excluding the effect of subsequent events.
  • Significant development of digital services allowed us to continuously deliver financial and non-financial services enabling us, notwithstanding the challenges of the year, to reach ROE at 16.5% excluding the effect of subsequent events."

Sberbank releases Financial Highlights for 11 months of 2020 (under RAS; non-consolidated)

Retrieved on: 
Monday, December 7, 2020

Sberbank releases Financial Highlights for 11 months of 2020 (under RAS; non-consolidated)

Key Points: 
  • Sberbank releases Financial Highlights for 11 months of 2020 (under RAS; non-consolidated)
    Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • Sberbank releases Financial Highlights for 11 months of 2020 (under RAS; non-consolidated)
    The numbers are calculated in accordance with Sberbank's internal methodology.
  • Please note that some minor changes became effective in Sberbank's internal methodology starting from January 1, 2020.
  • Key highlights for November 2020:
    The Bank earned RUB78.0 bn in net profit, ROE came in at 20.2% and ROA - at 2.9% annualized for the month.

PJSC Sberbank holds Supervisory Board meeting

Retrieved on: 
Tuesday, November 10, 2020

Sberbank announces the results of its Supervisory Board meeting.

Key Points: 
  • Sberbank announces the results of its Supervisory Board meeting.
  • Supervisory Board members noted the report on PJSC Sberbank's 9M20 performance results and Sberbank Group's 3Q20 Risk Report.
  • The meeting noted the information on the international business of PJSC Sberbank and the results of inspections carried out by PJSC Sberbank's Internal Audit Service over 9M20.
  • The Supervisory Board approved the updated version of the Regulation on the Dividend Policy of PJSC Sberbank, according to which Sberbank will maintain its dividend payouts at 50% of the Group's IFRS net profit.

Sberbank releases Financial Highlights for 10 months of 2020 (under RAS; non-consolidated)

Retrieved on: 
Monday, November 9, 2020

Sberbank releases Financial Highlights for 10 months of 2020 (under RAS; non-consolidated)

Key Points: 
  • Sberbank releases Financial Highlights for 10 months of 2020 (under RAS; non-consolidated)
    Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • Sberbank releases Financial Highlights for 10 months of 2020 (under RAS; non-consolidated)
    The numbers are calculated in accordance with Sberbank's internal methodology.
  • Please note that some minor changes became effective in Sberbank's internal methodology starting from January 1, 2020.
  • Key highlights for October 2020:
    The Bank earned RUB81.6 bn in net profit, ROE came in at 20.5% and ROA - at 3.0% annualized for the month.

 Sberbank makes changes to Executive Board

Retrieved on: 
Tuesday, October 13, 2020

The Supervisory Board of Sberbank has decided to make changes to the Executive Board to improve the management model and implement strategic plans of Sber Group until 2023.

Key Points: 
  • The Supervisory Board of Sberbank has decided to make changes to the Executive Board to improve the management model and implement strategic plans of Sber Group until 2023.
  • The Executive Board will include the following members after obtaining the necessary approval from the Central Bank of the Russian Federation:
    -Kirill Tsaryov, Deputy Chairman of the Executive Board, Head of the Retail Business Unit
    - Sergey Maltsev, Deputy Chairman of the Executive Board, Head of Sales Network Unit
    - Natalya Alymova, member of the Executive Board, Head of Wealth Management Unit
    - Alexandra Buriko, member of the Executive Board, Head of Finances Unite.
  • Svetlana Kirsanova, Deputy Chairman of the Executive Board, Head of Retail Business, who decided to pursue other career opportunities outside Sber Group, and Oleg Ganeev, who is moving to the position of Senior Vice President responsible for large distressed assets, are leaving the Executive Board.
  • Herman Gref, CEO and Chairman of the Executive Board, Sberbank:
    "Each Sber leader, who will become a member of the Executive Board, has shown themselves to be a productive manager.