sberbank europe – building bridges to eastern business
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Sberbank Europe – Building Bridges to Eastern Business. Clemens Pramböck 25 October 2013. Sberbank Group – the largest bank of Russia. Sberbank of Russia is the largest bank in Russia that accounts for almost one third of all Russian banking sector assets. - PowerPoint PPT PresentationTRANSCRIPT
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Sberbank Europe –Building Bridges to Eastern Business
Clemens Pramböck25 October 2013
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KazakhstanSB JSC Sberbank ●100.0% stake●1.0% of Group’s assets●# 6 by assets ●4,6% market share by assets
UkraineSberbank of Russia JSC● 100.0% stake● 0.6% of Group’s assets● 1.8% market share by assets
Belarus
Central & Eastern EuropeSberbank Europe AG
●100.0% stake.(2,2% of Group’s assets)●Headquartered in Austria; 280 branches in
8 countries: Croatia, Czech Republic, Slovakia, Bosnia-Herzegovina, Hungary, Slovenia, Serbia and Ukraine
JSC BPS-Sberbank●97.9% stake●0.8% of Group’s assets●# 3 by assets●9,8% market share by assets
DenizBank AS● 99.85% stake● Headquartered in Turkey● Nearly 600 branches; 2,370 ATMs; 110,324 POS
terminals
Turkey
Representative offices:● Germany ● China
Trading platforms:● London● New York
Branch:● India
Wholly-owned subsidiary:● Sberbank (Switzerland) AG
Sberbank Group – the largest bank of Russia
Sberbank of Russia is the largest bank in Russia that accounts for almost one third of all Russian banking sector assets.
The Central Bank of the Russian Federation is the founder and major shareholder of Sberbank, owning 50 % of the total share capital plus one voting share. Other shares are held by more than 245,000 individual and institutional investors in Russia and internationally.
In February 2012, Sberbank completed the acquisition of Volksbank International AG. In September 2012, Sberbank completed the acquisition of DenizBank AS which is
ranked 6th among private and 9th among all Turkish banks by consolidated total assets.
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Sberbank of Russia:Ownership Structure & Key Financials
Key Financials (as of 31.12.2012)
Assets, total: EUR 368.4 bn
Equity, total: EUR 39.6 bn
Gross loans to corporates: EUR 200,7 bn
Gross loans to individuals: EUR 69.2 bn
Net income: EUR 8.4 bn
ROA: 2,7 %
ROE: 24,2 %
Net Interest Margin: 6,1%
Tier I CAR (Basel 1): 10,4%
Total CAR (Basel 1): 13,7%
Central Bank of Russia
50.00% + 1 ordinary share
Free Float
50.00% - 1 ordinary share
7.58% sold by the CBR (Central Bank of Russia)
Domestic Institutional4.1%
Domestic Retail4.5%
33.8%Foreign Institutional Central
Bank of Russia
50.0% + 1 share
Free float
Ownership Structure
SOURCE: latest audited IFRS financial statements, as of Dec. 31, 2012. Exchange rate as of Apr. 16, 2013: EUR 1 = RUB 40.9774
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Europe BRIC World (by ROE – 5Y Avg.)1
1 Among top-50 world banks by market capitalization as of April 23, 2013; Average ROE for the past 5 years
SOURCE: Bloomberg as of Apr 8, 2013, latest audited IFRS financial statements, except local GAAP for Indian banks and Banco do Brazil
Sberbank - one of the largest banksMarket capitalization as of April 2013, in USD billion
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(1) Including branches and other outlets (2) Includes VTB24, Transcreditbank and Bank of Moscow (3) Counting only retail transactions that can be executed in person at a branch or remotely
Source: Rosstat, Sberbank’s operating statistics and calculations on the basis of statistics from CBR as of 31-Dec-2012. Sberbank operating statistics for the respective periods.
Largest Branch Network Among Russian Banks by Fat1 Notable facts as of March-2013
Sberbank’s share of Russia’s banking sector
▪ Retail clients, out of a total population of ~143 m>110 m
▪ ATMs and self-service terminals - one of the largest single bank-owned networks globally
>78,000
▪ Retail transactions executed via remote channels382%
▪ Corporate lent to clients out of 4.3m businesses in Russia>1.0 m
▪ Transactions processed for individual clients annually~2 bn
▪ Visitors to Sberbank’s outlets daily~4 m
▪ Active mobile banking users>10 m
▪ “Sberbank Online” active users>6 m
Sberbank’s distribution, scaleand market position in Russia
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Facts & Figures – Sberbank Russia and Sberbank Europe
Sberbank Russia
110 million retail customers1 million corporate clientsUSD 586 billion (EUR 368,4 bn)
total assets
249.000 employees in Russia+ 41.000 in subsidiaries
Sberbank Europe
490.000 retail customers62.000 micros and 17.000 corporate clientsEUR 9,9 billiontotal assets
4.500employees in CEE
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2013Branches 48Employees 542Assets EUR 226 mYear of foundation 2007
2013Branches 24Employees 662Assets EUR 2.430 mYear of foundation 1993
2013Branches 12Employees 209Assets EUR 1.082mYear of foundation 1993
2013Branches 31Employees 432Assets EUR 1.082 mYear of foundation 1997
2013Branches 25Employees 342Assets EUR 346 mYear of foundation 2000
2013Branches 26Employees 506Assets EUR 891 mYear of foundation 2003
2013Branches 53Employees 687Assets EUR 1.893 mYear of foundation 1993
2013Branches 41Employees 586Assets EUR 1.748 mYear of foundation 1991
Sberbank Croatia
Sberbank Slovenia
Sberbank Czech Republic
Sberbank Slovakia Sberbank Ukraine
Sberbank SerbiaSberbank Bosnia-Hercegovina
2013Branches 21Employees 248Assets EUR 342mYear of foundation 2007
Sberbank Banja Luka
Sberbank Europe Group:9 countries – 280 branches – 4,500 employees
Hungary
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Sberbank in CEETrade Finance Centers
Trade Finance is represented in all SBEU countries,with dedicated and experienced Trade Finance staff.
Prague,Czech Republic
Bratislava,Slovak Republic
Budapest,Hungary
Vienna,Austria
Ljubljana,Slovenia
Zagreb,Croatia
Sarajevo,Bosnia & Herzegovina
Belgrade,Serbia
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Istanbul,Turkey
Sberbank in Russia & CIS countriesTrade Finance Centers
Minsk,Belarus
Siberian centers in Russia:- Yekaterinburg- Irkutsk- Khabarovsk- Krasnoyarsk- Magadan- Novosibirsk- Perm- Tyumen
European centers in Russia:- Moscow (Head office + Moscow Bank)- St. Petersburg- Bryansk- Nizhniy Novgorod- Rostov-Na-Donu- Samara- Stavropol- Voronezh- Yaroslavl
Kiev,Ukraine
Almaty,Kazakhstan
Nearly every city/small town/village in Russia has a presence of Sberbank and, thus, access to the banking products of Sberbank and to the knowledge of dedicated centers of competence.
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Trade Finance Product Offer
Corporate Product Offer• Overdraft facilities• Term Loans• Pre-export finance• Real Estate finance• Acquisition finance• …
Global Markets Product Offer• F/X Hedging• Interest Rate Hedging• Commodity Hedging• Structured Deposits• Securities Trading / Brokerage• Debt Capital Markets
Documentary Collections
Accounts & Payment Services in local currency, EUR, USD and RUB
Letters of Credit Guarantees
Supply Chain Finance
ECA-covered transactions
Purchase of Receivables
What is it that interests you most?
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Payment request
Trade FinanceDocumentary Business
Buyer(Importer)
Seller(Exporter)
Buyer's bank (Issuing bank)
Seller's bank (Paying bank)
Product shipment
L/C is advised/ confirmed
Letter of Credit (МТ 700)
Documents
Issuing L/C
Documents check
Payment
Documents presentation
Check of documents
Paid documents
Payment
Pre-contractual work
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13
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1175
812
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Application for L/C
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Trade FinanceECA-covered Transactions
L/C is issued
Sberbank Hungary
AGREEMENT
Hungarian exporter
MEHIB
Prepayment min 15%
Delivery
Insurance agreement
L/C documents are provided
Payment of up to
85%
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7 9 10
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Buyer's bank
Interbank agreement
Appl
icati
on fo
r L/C
Loan
agr
eem
ent
L/C is issued
Loan repayment
Loan (debt invoicing)
Loan
(deb
t inv
oici
ng)
Loan
repa
ymen
t
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Foreign Importer
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Our partners in international trade
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Contact Details
Csaba SimonHead of Trade Finance
T +36 (1) 327 8895 F +36 (1) 328 6576 [email protected]
Tibor HipszkiSenior Manager
T +36 (1) 328 6344F +36 (1) 328 [email protected]