SBERBANK OF RUSSIA October 15, 2014, Moscow - Sberbank of Russia has launched a programme that lets individuals and representatives of small and micro-businesses who are experiencing financial difficulties regulate their loan and credit card debt in a simplified manner.
The programme includes two debt regulation options. Under the first option Sberbank can cancel penalties upon payment of overdue debt, under the second it is possible to reduce monthly payments by providing a grace period for payment of loans and/or by increasing the term of the loan contract.
To take advantage of the programme, clients should visit a Sberbank of Russia branch and together with one of the bank's specialists select a debt regulation option.
Detailed information about the programme and its conditions can be obtained at the bank's branches.
The programme runs until December 31, 2014 inclusively.
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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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