SBNC Sberbank Russia PJSC Sponsored ADR

CORRECTION: Sberbank holds Analyst Day

Sberbank (SBER)
CORRECTION: Sberbank holds Analyst Day

12-Dec-2018 / 21:31 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this announcement.


Sberbank holds Analyst Day

 

  • Sberbank has presented a forecast for key financial indicators for 2019 and talked about implementation of the strategy and development of certain business segments.

 

12 December 2018, Moscow - Sberbank has held Analyst Day in which representatives of leading international and Russian investment funds and global brokerage companies have participated. About 300 people attended the meeting, including online broadcast audience. Analyst Day was held in Sberbank Agile Home.

 

The meeting programme consisted of the following presentations:

 

  • Vice President, Director of the Strategy and Development Department of Sberbank Yekaterina Latypova talked about Strategy 2020 implementation.

 

  • Deputy Chairman of the Executive Board of Sberbank Svetlana Kirsanova presented main development areas of the bank card and non-cash payment business.

 

  • Vice President and Head of the Digital Business Development Unit of Sberbank Mark Zavadsky talked about new areas of business development under the construction of ecosystem.

 

  • CEO of Yandex.Market Maxim Grishakov presented the e-commerce platform, developed jointly by Sberbank and Yandex.

 

  • Managing Director of the Macroeconomic Researches Centre of Sberbank Nikolay Frolov presented an updated macroforecast for 2019.
  • Senior Vice President of Sberbank Dzhangir Dzhangirov talked about risk management at Sberbank and expected dynamic of key risk metrics.

 

  • Deputy Chairman of the Executive Board of Sberbank Alexander Morozov presented the forecast for financial indicators of Sberbank for 2019 (the forecast is provided below).

 

 

Sberbank guidance 2019

 

 

 

 

 

2019 Guidance

EFFICIENCY

Cost to income Ratio (CIR)

-50-100 bps yoy

PROFITABILITY

NIM (average)

Over 5.5%

Net Fees & Commission Income Growth

Mid-teens

Cost of Risk

Around 130 bps*

ROE

Over 12.5%

CAPITAL

CET 1 CAR under Basel 3 for the Group

Over 12.5%

 

 

 

 

*Subject to FX volatility

 

 
       

 

 

# # #

 

Sberbank

Valeria Kungurtseva

Press Office  

Tel. 1

 

Sberbank is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorised capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 145 million customers in 22 countries. Sberbank has the largest distribution network in Russia with almost 15,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.

 

The Bank holds the general banking licence No.1481 issued by the Bank of Russia. Official websites of the Bank:  (Sberbank Group website), .



ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070
Category Code: MSCH
TIDM: SBER
LEI Code: 549300WE6TAF5EEWQS81
Sequence No.: 6870
EQS News ID: 757515

 
End of Announcement EQS News Service

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EN
12/12/2018

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