January 20, 2017, Moscow - Sberbank CIB, the corporate and investment banking business of Sberbank, participated in the refinancing of current liabilities of ChelPipe related to syndicated loans granted to the Group in 2012 by a syndicate including 13 Russian banks. The sum of the loan issued by Sberbank CIB totalled RUB 12.5 bln.

'ChelPipe is one of the leaders of pipeline production in Russia. We have worked together for several years and are ready to support new projects of ChelPipe, which are aimed at increasing the competitiveness of their products and strengthening the company's position on the market. This deal has become another contribution to the development of our bilateral relations,' commented Yan Veytsman, Managing Director, Head of the Metals & Mining Division, Client Management Department, Sberbank CIB.

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Sberbank

Alexander Baziyan

Press Office

Tel. +7 (495) 957 5721

media@sberbank.ru

Sberbank 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 135 million individual customers and more than 4 million corporate clients in 20 countries. Sberbank has the largest distribution network in Russia with almost 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. Official websites of the Bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru.

Sberbank published this content on 20 January 2017 and is solely responsible for the information contained herein.
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