December 16, 2014, Moscow - Sberbank has held its annual meeting between analysts and representatives of the Bank's senior management. The event's speakers included Alexander Morozov, Deputy Chairman of the Executive Board, Vadim Kulik, Deputy Chairman of the Executive Board, and Julia Tseplyaeva, Director of the Centre for Macroeconomic Research. The meeting was attended by more than 30 leading analysts - representatives of international and Russian investment firms that cover Sberbank stocks.

At the event Alexander Morozov talked about the main achievements in 2014 and shared his expectations of 2015.

Sberbank predicts that there will be 4% to 6% growth in the sector. The bank itself plans to grow faster than the fixed-term deposits sector, and to grow in line the lending sector.

Vadim Kulik told the audience about the risk management system that has been established at the bank, the quality of loans for individuals and legal entities, and also focused on the economy's most problematic sectors. "Sberbank's level of overdue debt is considerably lower than the figure for the sector," said Vadim Kulik.

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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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