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Sberbank / Miscellaneous - Medium Priority
Sberbank: Sberbank assigned AAA rating by ACRA
22-March-2017 / 12:49 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS,
LLC - a company of EQS Group AG.
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*Sberbank assigned AAA rating by ACRA*
*March 21st 2017, Moscow *- Sberbank was assigned an AAA credit rating with
stable outlook by the Analytical Credit Rating Agency (ACRA).
Sberbank's rating is explained by the organization's high level of systemic
importance to the Russian economiy. According to ACRA's assessment, Sberbank
is characterized by a high level of standalone credit assessment as compared
to its peers in Russia.
ACRA emphasized a very strong risk profile, adequate valuation of capital
adequacy, adequate assessment of the risk profile and comfortable
liquiditity position as some of the key factors applicable to Sberbank's
rating score.
The stable outlook assumes a highly probable rating consistency over a
period of the next 12-18 months.
ACRA was founded on November 20th 2015. The agency functions in compliance
with the latest regulatory requirement and sees the provision of the Russian
market with a quality rating product as its main task.
# # #
*Sberbank*
Alexander Baziyan
Press Office
Tel. +7 (495) 957 5721
media@sberbank.ru
*Sberbank* is Russia's largest bank and a leading global financial
institution. Sberbank holds almost one third of aggregate Russian banking
sector assets, it is the key lender to the national economy and the biggest
deposit taker in Russia. The Central Bank of the Russian Federation is the
founder and principal shareholder of Sberbank owning 50% of the Bank's
authorized capital plus one voting share, with the remaining 50% held by
domestic and international investors. Sberbank has more than 135 million
individual customers and more than 4 million corporate clients in 20
countries. Sberbank has the largest distribution network in Russia with
almost 17,000 branches, and its international operations include UK, US,
CIS, Central and Eastern Europe, India, China, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of
Russia. Official websites of the Bank: www.sberbank.com [1] (Sberbank Group
website), www.sberbank.ru [2].
The EquityStory.RS, LLC Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070
Listed: Open Market (Basic Board) in Frankfurt; London, Moscow
Category Code: MSCM
TIDM: SBER
LEI Code: 549300WE6TAF5EEWQS81
Sequence No.: 3977
End of Announcement EquityStory.RS, LLC News Service
557033 22-March-2017
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f3404b78992d31b00b8d7a87b51a05ec&application_id=557033&site_id=vwd&application_name=news
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=378682496d93ad736271d8948eaf036a&application_id=557033&site_id=vwd&application_name=news
(END) Dow Jones Newswires
March 22, 2017 07:50 ET (11:50 GMT)
