Sberbank will provide financing in excess of RUB 3.6 bln for the construction of a residential property in Kazan

September 15, 2014, Moscow - Sberbank of Russia, represented by Bank Tatarstan, started financing the construction of the residential complex "Pobeda" in Kazan. The project will be implemented by ZhK Pobeda LLC. The loan is worth RUB 3,658 mln for a period of 4 years.

The property includes a 23 section residential complex with two floors of underground parking (each section ranges from 14-14 stories). The complex has more than 121,000 sq. m of floor space and 1,400 apartments situated on a 34,400 sq. m land plot.

ZhK Pobeda LLC is part of ZhIK Group; the Group was founded in 2006 and to date has built more than 70 buildings.

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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 18,000 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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