March 23, 2015, Moscow - Sberbank has decided to set the annual interest rate at 11.9% in roubles for its "State-supported mortgage" product, which has a minimum 20% down payment and a maximum lending period of 30 years (inclusively) for all categories of borrowers.

In Moscow, Saint Petersburg and the Moscow Region the maximum loan available under this offer is RUB 8 mln; in other regions it is RUB 3 mln. Housing is purchased from legal entities that is being constructed or has been constructed in accordance with Federal Law 214-FZ on participating in shared construction of apartment buildings and other real estate.

Sberbank aims to provide RUB 200 bln under the programme by March 1, 2016.

Sberbank of Russia's loans for individuals are commission-free.

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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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