SBERBANK OF RUSSIA December 24, 2014, Moscow - Bank of Russia has reviewed the request from CJSC "Non-State Pension Fund of Sberbank" and issued a positive decision in regard to meeting the requirements for participation in the system of insured persons' pension rights, in accordance with the provisions of Federal Law No 422-FZ dated December 28, 2013 "On Guaranteeing Rights of Insured Parties in the Compulsory Pension Insurance System of the Russian Federation that are Based on Accumulated and Invested Pension Savings, as well as Identifying and Paying Benefits".
In total, Bank of Russia has approved only six Non-Government Pension Funds.
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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru
Sberbank of Russia 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 authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.
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