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    SBER   RU0009029540

PJSC SBERBANK

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PJSC Sberbank : Sberbank Direct declared best online bank in Germany

10/15/2021 | 10:32am EST

Sberbank Direct, Sberbank Europe's retail branch in Germany, has been declared the best online bank in Germany at the Banking Check Awards 2021. It specializes in individual savings accounts and issuing consumer loans online.

Sberbank Direct has won several FMH Zins Awards in the Call Money and Time Deposits categories over the years. As of the end of Q3, the portfolio of borrowed funds has risen to EUR 1.2 bn.

Independent experts and users have praised the conditions, the quality of the service, and the high speed at which applications for the online lending program are processed. The popularity of the product made it possible to reach EUR 600 mn in loans issued for Q3, while a customer survey showed a 4.9/5 customer satisfaction rating.

Timur Kozintsev, senior vice president, head of Sberbank International:

"We are grateful that our work is so highly appreciated. Continuous improvement of Sberbank Direct's level of service and technological base enables us to compete successfully on the local market, be a reliable partner, and provide some of the best conditions for our clients."

Disclaimer

Sberbank of Russia published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 14:31:02 UTC.


ę Publicnow 2021
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Financials
Sales 2021 2 518 B 33 397 M 33 397 M
Net income 2021 1 262 B 16 745 M 16 745 M
Net Debt 2021 - - -
P/E ratio 2021 5,28x
Yield 2021 9,76%
Capitalization 6 852 B 90 481 M 90 880 M
Capi. / Sales 2021 2,72x
Capi. / Sales 2022 2,47x
Nbr of Employees 281 690
Free-Float 45,3%
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Mean consensus BUY
Number of Analysts 16
Last Close Price 304,28 RUB
Average target price 429,43 RUB
Spread / Average Target 41,1%
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Managers and Directors
Herman Gref Chief Executive Officer & Member-Supervisory Board
Alexandra Buriko Chief Financial Officer & Head-Finance
Anton Germanovich Siluanov Chairman-Supervisory Board
David Rafalovsky Chief Technology Officer & Executive VP
Larisa A. Zalomikhina Director-Compliance Department
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