DGAP-Regulatory: Sberbank: Sberbank Europe finalizes the sale of Sberbank Slovakia

Sberbank / Miscellaneous - Medium Priority 
Sberbank: Sberbank Europe finalizes the sale of Sberbank Slovakia 
 
29-Jul-2016 / 13:24 CET/CEST 
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Sberbank Europe finalizes the sale of Sberbank Slovakia 
 
July 29, 2015, Moscow - After signing the agreement on 17 December 2015, 
Sberbank Europe AG has now completed the sale of 99.5% of its Slovak 
subsidiary Sberbank Slovensko, a.s. to Penta Investments. As of December 
2015, Sberbank Slovensko had total assets of EUR 1.8 bn and more than 
110,000 active customers. 
 
Lev Khasis, First Deputy Chairman of the Executive Board of Sberbank: 'The 
decision to sell Sberbank Slovensko is consistent with the strategic review 
of the markets in which Sberbank Europe operates. Sberbank Europe continues 
to further develop its digital products and services while focusing its 
business activities on its core markets.' 
 
Binder Groesswang acted as legal counsel to Sberbank Europe AG. 
 
# # # 
 
Sberbank 
Alexander Baziyan 
Press office 
Tel. [phone] 
[e-mail] 
 
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 1 million corporate clients in 22 
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, 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 (Sberbank Group 
website), www.sberbank.ru. 
 
Penta is a Central European investment group established in 1994, 
specializing in long-term value investing. It operates mainly in healthcare, 
financial services, manufacturing, retail and real estate development. Penta 
owns two Slovak banks - Primabanka Slovensko and Privatbanka. The Group 
manages an evergreen fund sustained by its partners, the company's only 
shareholders. Its portfolio companies provide jobs to more than 37,000 
people and reported assets of EUR 7 billion in 2015. Penta operates in more 
than 10 European countries and has offices in Prague, Bratislava, Warsaw and 
Munich. 
 
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:           [phone] 
E-mail:          [e-mail] 
Internet:        www.sberbank.ru 
ISIN:            US80585Y3080, RU0009029540, RU0009029557, 
                 US80585Y4070 
Listed:          Open Market (Entry Standard) in Frankfurt; 
                 London, MICEX, RTS 
Category Code:   MSCM 
TIDM:            SBER 
Sequence Number: 3279 
Time of Receipt: 29-Jul-2016 / 13:24 CET/CEST 
 
End of Announcement EquityStory.RS, LLC News Service 
487735 29-Jul-2016 
 
 

(END) Dow Jones Newswires

July 29, 2016 07:24 ET (11:24 GMT)