Sberbank has published 2008 H1 IFRS Financial Statements

Oct 20, 2008

20 October 2008, Moscow. Sberbank (RTS: SBER, MICEX: SBER03) has posted its interim condensed consolidated IFRS Financial Statements for the first six months of 2008 including a PriceWaterhouseCoopers review report.

The Financial Statements show Sberbank's assets standing at RUB5,604.3 bn as at 1 July 2008, a 13.7% H1 growth, shareholders’ equity H1 growth by 8.5% to RUB691.2 bn and net profit of RUB67.0 bn, a 39.6% increase against 2007 same date figure. Sberbank's ROA in the 2008 H1 was 2.54%.

Item in IFRS StatementsAs at 1 July 2008/ H1 2008 As at 1 January 2008/ H1 2007 H1 2008 growth
Shareholders’ Equity691.2637.28.5%
Net Profit67.048.039.6%


Irina Kibina
Corporate Affairs Department
tel. +7 (495) 957 5721