Sberbank is the largest bank in Central and Eastern Europe. Active and dynamic development of Sberbank's international network is one of key vectors in its strategy. The geographic presence of Sberbank covers 22 countries while the number of its customers outside Russia has reached 10 million. The share of international business accounts for 14% of the aggregate assets.
By following Sberbank's motto “Always by your side” in our international activities, we offer our customers the most favourable terms for their cross-border business, a wide range of products, and we take into account the cultural features of the regions where our Group enjoys its presence.
The first step of Sberbank into the international arena was the acquisition of a bank in Kazakhstan in 2006. Then there was the purchase of banks in Ukraine and Belarus. The next stage has been the opening of representative offices in Germany and China, as well as a branch in India.
The year 2012 was marked by major acquisitions. The Sberbank portfolio has been expanded with foreign assets of former VS Bank International, a European group, which extended the geographic presence of Sberbank to ten countries of Central and Eastern Europe (Sberbank Europe AG).
The deal on acquisition of DenizBank opened the Turkish market to Sberbank, one of the top priority markets in the world, and has become the largest acquisition in the 173-year old history of the Bank.
According to the Group's strategy until 2018, Sberbank plans to focus on integration of the acquired assets and expansion of its business through organic growth.