Sberbank · Moscow Russia ·(Russian: SBER)
Company Description
Phone: +7-495-957-5862
Fax: +7-495-957-5731
Rankings
- #374 in FT Global 500
View Sberbank Locations On A US Map
This link will open in a new window
This link will open in a new window Whether you do your saving in Siberia or your asset management in Moscow, the Savings Bank of the Russian Federation, or Sberbank, has a branch for you. With a history going back some 170 years, Sberbank is the largest banking institution in Russia and Eastern Europe. It has more than 20,000 branches throughout the country (crossing 11 time zones) offering banking services ranging from savings to private and investment banking, and a complete range of lending and credit services to more than 1 million corporate and 250 million retail customers. The Central Bank of the Russian Federation, also known as The Bank of Russia, is a majority shareholder of Sberbank, owning about 60% of its ordinary shares. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Sberbank Financials
| Company Type | Public - Russian: SBER Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $17,489.6 |
| Employees | 258,305 |
Sberbank Executives
25 executives listed for Sberbank's Moscow, location.
| Title | Name & Bio | Contact |
| Chairman, Supervisory Board | Sergei Ignatiev | Network |
| Deputy Chairman, Supervisory Board | Georgy Luntovsky | Network |
| Deputy Chairman, Supervisory Board | Alexei Ulyukaev | Network |
Competition
Competitive Landscape for Sberbank
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Sberbank Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!