Sberbank holds Supervisory Board meeting

Sep 17, 2021

Sberbank announces the results of its in-person Supervisory Board meeting held on September 14, 2021.

Supervisory Board members discussed the information regarding the implementation status of Strategy 2023 (1H21).

The meeting also noted the Sberbank Group 2Q21 risk report, a report on Sberbank’s 6M21 Performance Results and its 8M21 financial results.

The meeting approved the target structure of Sberbank Group’s Risk Appetite.

Supervisory Board members also discussed and noted the following items:

  • 1H21 metrics of the Sberbank ecosystem, size of investments in the ecosystem, and the financial performance metrics of ecosystem companies with investments overshooting RUB 1 bn in 1H21 and 3Q21 forecasts
  • results of the internal audits conducted by Sberbank’s Internal Audit Service in 1H21
  • condition of information technology and outlook for its evolution at Sberbank and the development of new digital surfaces.
Sberbank’s systemic work with Russian universities regarding their joint research efforts.