Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Sberbank Recommends Doubling Dividend Payment for Last Year

OAO Sberbank, Russia’s biggest lender, plans to more than double its dividends for 2011, in a payout equal to 15.3 percent of net income, Chief Executive Officer German Gref said.

Sberbank may pay 2.08 rubles a common share and 2.59 rubles a preferred share, Gref told reporters today in Moscow.

Net income under Russian accounting standards jumped about 79 percent last year to 310.6 billion rubles ($10.6 billion), according to Gref. That means the payout may be equivalent to $1.6 billion. Net income to international standards should be higher than under Russian accounting, Gref said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.