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Sberbank Took First Place In Four Categories Of the Euromoney Real Estate Survey
27.09.2017 00:48
Sberbank Took First Place In Four Categories Of the Euromoney Real Estate Survey

Sberbank has taken first place in four categories of the Euromoney Real Estate Survey 2017: Best Bank in Russia, Best Bank in Central and Eastern Europe, Best Loan Finance Bank in Russia, and Best Loan Finance Bank in Central and Eastern Europe.

      “The results of the survey show that the real estate sector really appreciates our efforts to shape a transparent, safe, hi-tech and accessible real estate market in Russia. Over the past 18 months Sberbank has carried out large-scale work to optimise the process of issuing mortgages, which included automating processes and cutting costs to the largest possible extent. This has let us bring new services to the market and enhance our product offering. As a result, Sberbank has delivered excellent results in 2017 – over the first eight months of the year we provided 570.9 bln roubles worth of mortgages, a 38% increase year-on-year. Our DomClick service is used by more than 10% of our borrowers, and more than 100,000 people have used the electronic title registration service,” said Nikolay Vasyov, Head of Sberbank’s DomClick Division.

      In 2016, Sberbank launched an online service called DomClick, which lets clients apply for mortgages, receive mortgage approvals, select real estate properties, and get them approved by the bank.

      Euromoney has conducted its Real Estate Survey every year since 2005. Companies that work in the real estate sector participate in the survey.

      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.




Author: Anna Dorozhkina


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