Sberbank Europe Group

DGAP-News: ABOUT YOU Holding SE: ABOUT YOU delivers resilient top-line growth and confirms full-year guidance in Q1 2022/2023

Retrieved on: 
Thursday, July 7, 2022

Top-line growth of +19.4% YoY to EUR504.1million in Q12022/2023, against the backdrop of challenging macroeconomic conditions and consumer sentiment effects across Europe

Key Points: 
  • Top-line growth of +19.4% YoY to EUR504.1million in Q12022/2023, against the backdrop of challenging macroeconomic conditions and consumer sentiment effects across Europe
    Group adj.
  • ABOUTYOU reiterated its outlook for FY2022/2023, even as the challenging macroeconomic environment and rising inflationary pressure continue to impact customer behaviour.
  • The first international ABOUTYOU Awards in Milan in May 2022 further drove growth in brand awareness across Europe.
  • Until 28February2023, ABOUTYOU continues to predict a total CAPEX of EUR60 to 80million5 and net working capital to remain neutral.

Sberbank Europe AG signs share purchase agreement to sell certain subsidiary banks in CEE in order to focus on key markets

Retrieved on: 
Wednesday, November 3, 2021

On 3 November 2021, Sberbank Europe AG signed an agreement with AIK Banka a.d. Beograd, Gorenjska Banka d.d., Kranj and Agri Europe Cyprus Limited for the sale of its subsidiary banks in Bosnia and Herzegovina (Sberbank BH d.d.

Key Points: 
  • On 3 November 2021, Sberbank Europe AG signed an agreement with AIK Banka a.d. Beograd, Gorenjska Banka d.d., Kranj and Agri Europe Cyprus Limited for the sale of its subsidiary banks in Bosnia and Herzegovina (Sberbank BH d.d.
  • Sberbank Europe AG has decided to reduce its geographic presence in CEE in order to focus on key markets and explore new business models.
  • Sberbank CZ, a.s. in the Czech Republic remains under the ownership of Sberbank Europe AG and will continue with its present business model.
  • In 2020 Sberbank underwent a rebranding, offering financial and non-financial services of the bank and Sberbank Group to individual and corporate customers.

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: Sberbank holds Supervisory Board meeting

Retrieved on: 
Friday, August 21, 2020

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.
  • Sberbank is announcing the decisions made by its Supervisory Board, hereinafter SB, following the meeting on August 21, 2020.
    considered and taken note of PJSC Sberbank's 6M20 performance reports and its 7M20 financial results, as well as Sberbank Group's risk report for 2Q20
    resolved to keep in effect the decision it arrived at on March 17, 2020, regarding the distribution of PJSC Sberbank's 2019 net profit and the size of 2019 dividends, according to which it was recommended paying the following 2019 dividends on PJSC Sberbank shares: RUB18.7 per ordinary share and RUB18.7 per preferred stock
    resolved to include two new people in the list of SB candidates - Vladimir Kolychev, Deputy Finance Minister of Russia, and Dmitry Chernyshenko, Deputy Prime Minister of Russia - instead of Valery Goreglyad and Nadezhda Ivanova who waived their right to be elected as SB members
    resolved to suggest that the Annual General Meeting of Sberbank shareholders should approve the related-party transaction, i.e.
  • liability insurance of top executives of the bank and Sberbank Group companies, as well as to approve changes to the bank's Charter
    taken note of the updated information regarding the structure of the new economy companies inside the Sberbank ecosystem and 1H20 metrics of the Sberbank ecosystem.

Fitch Ratings Affirms GridLiance Subsidiaries' Credit Ratings

Retrieved on: 
Wednesday, July 29, 2020

DALLAS, July 29, 2020 /PRNewswire/ -- GridLiance, an electric transmission utility holding company, announced that Fitch Ratings, Inc. recently affirmed investment-grade issuer ratings for three of its subsidiaries.

Key Points: 
  • DALLAS, July 29, 2020 /PRNewswire/ -- GridLiance, an electric transmission utility holding company, announced that Fitch Ratings, Inc. recently affirmed investment-grade issuer ratings for three of its subsidiaries.
  • Fitch affirmed its long-term issuer default ratings (IDR) for: GridLiance West ("A-" rating), GridLiance Western Holdings ("BBB" rating) and GridLiance High Plains ("A" rating).
  • According to Fitch, GridLiance's subsidiaries' ratings and stable outlooks primarily reflect their low-business risk profile, predictable cash flows and strong organic growth opportunities.
  • "These investment-grade ratings reflect GridLiance's strong business fundamentals and built-in resiliency in the face of current economic headwinds," said Calvin Crowder, president and CEO of GridLiance.

Sberbank to appoint new CFO

Retrieved on: 
Thursday, November 21, 2019

November 12, 2019, Moscow - Sberbank is appointing a new Chief Financial Officer (CFO) effective July 1, 2020.

Key Points: 
  • November 12, 2019, Moscow - Sberbank is appointing a new Chief Financial Officer (CFO) effective July 1, 2020.
  • Alexander Morozov has been a Sberbank Group team member for over a decade and was among the pioneers that initiated Sberbank transformation.
  • Sberbank is a leader in innovation, driving changes across the finance industry and transforming the very essence of banks.
  • It is a great honor for me to join the Sberbank team and develop its ecosystem in the interests of clients and shareholders together."