Sber holds Investor Day dedicated to mortgage business development

Sep 30, 2021

The event speakers were:

• Kirill Tsaryov, deputy chairman of the Executive Board, head of retail business

• Dzhangir Dzhangirov, senior vice president, head of the Risks unit

• Nikolay Vasyov, vice president, director of the DomClick division

• Anastasia Belyanina, senior managing director, head of Business Valuation & IR.

The Sber team shared their insights into the trends of today’s mortgage market in Russia and discussed the evolution of Sber’s mortgage business. In a separate presentation, the participants addressed the key characteristics of the mortgage portfolio’s credit quality and the risk profile of mortgage clients. Particular interest was given to a presentation on the development of digital non-banking services on the DomClick platform. The event gathered leading investment companies, funds, individual shareholders, and industry representatives.

Kirill Tsaryov, deputy chairman of the Executive Board, head of retail business:

“Mortgage is a key line of business for Sber. The country’s mortgage portfolio currently accounts for approximately 10% of the national GDP, and we are seeing potential for further growth. Work with developers, support programs, and digital services will enhance the availability of mortgages, and we are set to maintain our market share at 50% or higher. I would like to highlight that we regard mortgages as the center of attraction for clients and a vital element in building long-term relationships. Our DomClick platform enables us to offer customers a whole ecosystem of complementary services and meet all their housing needs when it comes to purchase, sale, and rent.”

Investor Day recordings and the presentation are available at https://www.sberbank.com/ru/sberdeepdive.