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Sberbank Day Conference Held During the Annual Euro Finance Week in Frankfurt



Sberbank Day Conference Held During the Annual Euro Finance Week in Frankfurt

  PR Newswire

  FRANKFURT, Germany, November 23, 2012

FRANKFURT, Germany, November 23, 2012 /PRNewswire/ --

The Sberbank Day conference was held as a part of the annual Euro Finance Week
in Frankfurt.

The discussion "New Economy in Europe: Between a Rock and a Hard Place" was
moderated by Herman Gref, CEO and Chairman of the Management Board of
Sberbank. Participants in the discussion were Gerhard Schröder, Chancellor of
Germany from 1998 to 2005; Václav Klaus, President of the Czech Republic;
Viktor Orbán, Prime Minister of Hungary; Ivica Dačić, Prime Minister of
Serbia; Milorad Dodik, President of the Republika Srpska; and Zlatko
Lagumdžija, Deputy Prime Minister and Minister of Foreign Affairs for Bosnia
and Herzegovina. The panellists analysed the impact of pre-crisis economic
models on the region's development, discussed the current situation in the
Eurozone, its impact on Central, Eastern and South-Eastern European countries,
solutions to the Eurozone crisis and exchanged views on the region's future
development.

The conference included three panel discussions: "IT innovation in banking:
the impact of social computing and big data", "Innovative approach to banking
the small business: trend or utopia" and "Changing landscape of retail
banking: trends that reshape the future of financial services" which were led
by Viktor Orlovskiy, Senior Vice President of Sberbank, Sergey Borisov, Vice
President of Sberbank for the small business development, and Aleksander
Torbakhov, Deputy Chairman of the Management Board of Sberbank.

During the annual Euro Finance Week Sberbank signed a cooperation agreement
with Eximbanka SR. The agreement covers the development of cooperation in the
areas of finance, insurance and guarantees, as well as exchange of information
in order to support the export of goods and services between the two
countries.

Besides the Sberbank Day conference a memorandum of understanding with the
Ministry of Finance and Economy of the Republic of Serbia was signed. The
signing ceremony was attended by Herman Gref, CEO and Chairman of the
Management Board of Sberbank, and Ivica Dačić, Prime Minister of Serbia. The
signing of the document will further strengthen the position of Sberbank in
the region.

Herman Gref stated: "Sberbank Day Conference during the annual Euro Finance
Week with the major European politicians and businessmen is a significant
event, which marks a new milestone in the development of Sberbank as an
influential member of the financial markets in Europe."

Sberbank of Russia  is the largest bank in Russia and holds almost one third
of all Russian banking sector assets. The Central Bank of the Russian
Federation is the founder and major shareholder of Sberbank, owning 50% of the
total share capital plus one voting share. Other shares are held by more than
245,000 individual and institutional investors. The Bank has the largest
distribution network in Russia with over 19,000 offices as well as
subsidiaries in 20 countries including the CIS, Central and Eastern Europe and
Turkey. In September 2012, Sberbank completed the acquisition of DenizBank AS
which is ranked 6th among private and 9th among all Turkish banks by
consolidated total assets.

The Bank holds the general banking license No. 1481 issued by the Bank of
Russia. The official website is  http://www.sberbank.ru .

Sberbank of   Russia Alexander Baziyan Public Relations Tel. +7-(495)-57-721
media@sberbank.ru
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