February 3, 2016, Moscow - Sberbank's Moskovsky Bank has opened a non-revolving line of credit for Izotech Invest JSC to finance and refinance expenses for the construction of a plant that will produce large-diameter pipes and insulator in the Moscow Region town of Peresvet.

«Izotech Invest successfully works with major clients of the oil and gas industry and public utilities sector,» commented Svetlana Sagaidak, Vice President of Sberbank. «This 4.15 bln rouble line of credit has been provided to the company for 10 years.»

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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 1 million corporate clients in 22 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, 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 issued this content on 03 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 February 2016 11:41:27 UTC

Original Document: http://www.sberbank.com/news-and-media/press-releases/article?newsID=45304972-5742-45df-a106-bc5c5717cbb0&blockID=7®ionID=77&lang=en&type=NEWS