Sberbank: Corporate loan portfolio of Sberbank exceeded 6.5 billion rubles
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Corporate loan portfolio of Sberbank exceeded 6.5 billion
rubles
28.05.2012 / 11:20
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Corporate loan portfolio of Sberbank exceeded 6.5 billion rubles
May 24, 2012, Moscow - Total amount of the corporate loan portfolio of
Sberbank exceeded 6.5 billion rubles, over half of the portfolio falls to
regional branches of the bank. That was announced during the briefing on
results of operation of corporate investment block of Sberbank in the 1st
quarter of 2012 by Chairman of the Board of Sberbank of Russia Andrey
Donskikh.
In the first quarter Sberbank issued over 1.1 billion rubles to corporate
clients. About 80% of the portfolio is represented by loans in rubles. The
most popular are loans provided for the term from 1 year to 3 years (about
one third of the portfolio).
'Our activity is focused on small business, lending to which goes on the
fast track, - stressed Andrey Donskikh. New scoring techniques allow the
bank to provide one loan to a small business a minute. In the very 1st
quarter of 2012 Sberbank issued to small business companies over 20
thousand 'Doverie' ('Trust') loans (uncovered, up to 3 million rubles) for
the total amount of about 14 billion rubles. Growth rate for issue of such
loans reached the unprecedented 32.7%.
The new project 'Business-Start', designed for creation of a new business
from the ground up, already brought to life two projects, over 300 of
applications are being examined. Geographic coverage of the pilot project
is being expanded: currently 'Business-Start' covers over 60 cities. From
May 2012 this loan to open up own business can be received in Moscow.
Andrey Donskikh informed that merger of teams of Sberbank and Troyka
Diallog into a single investment and banking block has been completed. He
also noted that results of the joint team in the first quarter were highly
successful: growth of proceeds from investment and banking services to
corporate clients exceeded 50%.
The Bank pays much attention to quality of servicing corporate clients, the
project includes an integrated service quality training program, launched
in 2012, and also a regular quality monitoring in all points of sales to
corporate clients. It implements a systematic work with applications from
corporate clients, which allowed reducing of time to examine applications
in 3 times compared to 2011.
# # #
OJSC Sberbank of Russia
Public Relations
tel. +7(495) 957 5721
media@sberbank.ru
End of Corporate News
---------------------------------------------------------------------
28.05.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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171701 28.05.2012
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Corporate loan portfolio of Sberbank exceeded 6.5 billion
rubles
28.05.2012 / 11:20
---------------------------------------------------------------------
Corporate loan portfolio of Sberbank exceeded 6.5 billion rubles
May 24, 2012, Moscow - Total amount of the corporate loan portfolio of
Sberbank exceeded 6.5 billion rubles, over half of the portfolio falls to
regional branches of the bank. That was announced during the briefing on
results of operation of corporate investment block of Sberbank in the 1st
quarter of 2012 by Chairman of the Board of Sberbank of Russia Andrey
Donskikh.
In the first quarter Sberbank issued over 1.1 billion rubles to corporate
clients. About 80% of the portfolio is represented by loans in rubles. The
most popular are loans provided for the term from 1 year to 3 years (about
one third of the portfolio).
'Our activity is focused on small business, lending to which goes on the
fast track, - stressed Andrey Donskikh. New scoring techniques allow the
bank to provide one loan to a small business a minute. In the very 1st
quarter of 2012 Sberbank issued to small business companies over 20
thousand 'Doverie' ('Trust') loans (uncovered, up to 3 million rubles) for
the total amount of about 14 billion rubles. Growth rate for issue of such
loans reached the unprecedented 32.7%.
The new project 'Business-Start', designed for creation of a new business
from the ground up, already brought to life two projects, over 300 of
applications are being examined. Geographic coverage of the pilot project
is being expanded: currently 'Business-Start' covers over 60 cities. From
May 2012 this loan to open up own business can be received in Moscow.
Andrey Donskikh informed that merger of teams of Sberbank and Troyka
Diallog into a single investment and banking block has been completed. He
also noted that results of the joint team in the first quarter were highly
successful: growth of proceeds from investment and banking services to
corporate clients exceeded 50%.
The Bank pays much attention to quality of servicing corporate clients, the
project includes an integrated service quality training program, launched
in 2012, and also a regular quality monitoring in all points of sales to
corporate clients. It implements a systematic work with applications from
corporate clients, which allowed reducing of time to examine applications
in 3 times compared to 2011.
# # #
OJSC Sberbank of Russia
Public Relations
tel. +7(495) 957 5721
media@sberbank.ru
End of Corporate News
---------------------------------------------------------------------
28.05.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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171701 28.05.2012