Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Banker called Sberbank the Bank of the Year
30.11.2012 12:53
The Banker called Sberbank the Bank of the Year

The Banker Magazine has named Sberbank as its ‘Bank of the Year’ for 2012 in its annual Awards ceremony, reports today Sberbank in its official press release. In awarding Sberbank ‘Bank of the Year’ the Banker has recognized an outstanding year for the Bank, with its achievements including the well-received secondary public offering of $5.2bn and successful international expansion through acquisitions in Eastern Europe and Turkey.


Regarded as the industry standard for banking excellence, the Banker Awards are hotly contested by the world's leading financial institutions. Entrants are judged on their ability to deliver shareholder returns and to gain strategic advantage. The ‘Bank of the Year’ Award looks at the successes and achievements of the world’s top financial institutions and is given to a single bank in each year.


Sberbank was recognized for the leading role it plays in the Russian financial system and economy as well as achievement of its international strategic goals andresilience in the face of continued global volatility.


Anton Karamzin, Deputy Chairman of the Management Board of Sberbank, commenting on the award, said:  “We are honored to receive this award. Clearly the continued global volatility and market uncertainty were great challenges for all major international companies, especially banks. Despite this we have continued to grow our business both in Russia and internationally and enjoyed a highly successful secondary public offering in London. That Sberbank enjoyed such a strong year against the challenging global environment is testament to both our resilience and our potential.”

Author: Irina Fomina

Tags: Sberbank Russian banks    

Next Previous

You might also find interesting:

60% of Russian Entrepreneurs can no Longer Cope with Rental Payments
Russia Fell to the 50th Place in the Ranking of the Best Places to Do Business
By the End of 2020, the Fall of the Russian IT Segment may Exceed 30%
Skolkovo Foundation Temporarily Stopped Issuing Grants
The Number of IT-crimes in Russia has Almost Doubled

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian business  Sberbank  Exhibition Fairs  Russian Summer Soups  Yaroslavl   Zurab Tsereteli  Moscow  Russian tourism  Mercedes-Benz Fashion Week Russia  Exhibitions in Moscow  Festivals in Moscow  human rights in Russia  Old Kazan  Arts and Crafts  Festivals in Saint Petersburg  Street Art Museum under Open Sky  Mikhail Kornienko  Tatarstan  Russian circus  Mercedes-Benz Fashion Week   Monuments in Moscow  Seal  Concerts in Moscow  Larisa Golubkina  Heroism   Ministry of Culture  Resources  Bubonitsy  Yury Krasnozhan  Dmitri Shostakovich  Moscow Region  Kodar  Vandalism  St. Petersburg  international   Festival of Masters  observation wheel  Adler  Igor Grabar  VDNKh  Russian Cinema  Ethnomir  Finance Ministry  Russian regions  travel to Russia  Kuril Islands  Russian Premier League  Russian opposition activists  Big Cartoon Festival  Russian airlines 

Travel Blogs
Top Traveling Sites