Sberbank
Russian bank
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February 2025 | Sberbank planned a collaboration with Chinese researchers on AI projects, focusing on joint research initiatives following DeepSeek's cost-effective AI model development. |
August 16 2024 | Sberbank disclosed for the first time in three years the remuneration of top management and key executives, revealing a total payment of 28 billion rubles (over $300 million) for 2023, distributed among approximately 650 employees. |
July 2024 | Russian FIT LLC filed a lawsuit against Sberbank in the Moscow Arbitration Court, accusing the bank of violating exclusive rights to PayQR design elements. The lawsuit claims damages of 2.9 billion rubles (approximately $333 million), with the hearing scheduled for November 2024. |
July 2024 | Sberbank began paying 'record' dividends for 2023, with each share worth 33.3 rubles. The total dividend amount is 752 billion rubles ($8.5 billion), with half going to the state and the other half distributed among 1.8 million private shareholders. |
October 2023 | Sberbank launched Islamic finance products, including the Adafa interest-free card and Amana account, available in nine Russian regions such as Moscow, Tatarstan, and Chechnya. |
September 2023 | Sberbank announced the opening of a branch in China and registered the trademark Сбер银行 to work with Chinese clients in Russian border territories. |
June 16 2023 | Sberbank sells its last European subsidiary, Sber Vermögensverwaltungs AG (formerly Sberbank Europe AG), to an unnamed Austrian company. |
2022 | New Zealand sanctioned Sberbank. |
2022 | Terminated operations in the European Union following the Russian invasion of Ukraine, significantly reducing its international financial footprint. |
December 29 2022 | Sberbank CIB (UK) Ltd and SIB (Cyprus) Limited are removed as member firms of the London Stock Exchange. |
December 15 2022 | Sberbank Europe AG banking licence lapses, preventing further trading. |
September 2022 | The government introduced a bill to further delay debt repayment until 2026, with the full repayment estimated to cost almost 200 trillion rubles. |
September 2022 | Sberbank Switzerland is sold to m3 Groupe Holding SA and will trade as TradeXBank AG. |
August 23 2022 | Kazakh financial holding Baiterek announces the purchase of the Kazakhstani Sberbank subsidiary. |
July 2022 | The European Union imposed sanctions on Sberbank in relation to the Russian invasion of Ukraine. |
April 2022 | Apple and Google removed Sberbank mobile apps from their stores, with the Android app remaining downloadable from the bank's website. |
April 1 2022 | Sberbank CIB (UK) Limited goes into Administration, and Sberbank CIB USA, Inc affairs are wound down. |
March 1 2022 | Visa and Mastercard suspended their activities in Russia, disabling cards issued by Russian banks outside of Russia and international cards within Russia. |
February 2022 | Sberbank announces foundation of its own e-commerce holding. |
February 28 2022 | Sberbank Europe faced potential bankruptcy due to sanctions, and Deutsche Börse suspended trading of its stock. |
February 25 2022 | Sberbank's banking licence in Ukraine was revoked. |
February 24 2022 | US President Joe Biden announced sanctions against Sberbank as a result of the Russian invasion of Ukraine, causing the bank's stock to lose more than half of its value. |
February 22 2022 | Lev Khasis leaves Sberbank one week after being appointed to head the new e-commerce holding. |
November 2021 | Sberbank Europe AG sells associated banks in Bosnia and Herzegovina, Croatia, Hungary, Serbia, and Slovenia to Serbian MK Group for about 500 million Euros, focusing on priority markets. |
August 19 2021 | The Supreme Court of Ukraine rules that Oschadbank is the sole legal owner of the Sberbank trademark in Ukraine, forbidding the Russian Sberbank's daughter company from using the trademark. |
June 2021 | Sberbank introduced a new employee benefit program, allowing staff to take up to one year of unpaid sabbatical leave while retaining their job, subject to supervisor approval. The bank also implemented a flexible remote work policy, permitting employees to work remotely for up to three months annually. |
April 2021 | Anton Siluanov becomes chairman of the supervisory board of Sberbank. |
March 2021 | Sberbank ended its cooperative partnership with Mail.ru Group due to disagreements over management methods and corporate culture, dissolving their joint O2O (online-to-offline) Holding venture. |
2020 | Ownership of Sberbank transfers from the Central Bank of the Russian Federation to the Russian National Wealth Fund, with the government maintaining a 50%+1 voting share majority. |
2020 | Further shortened its brand to 'Sber', continuing its efforts to update and streamline its corporate branding. |
2019 | A law was adopted to postpone the start of deposit compensation payments to 2023. |
October 2019 | Sberbank experienced the largest data breach in Russian banking history, with cybersecurity firm DeviceLock revealing that personal information from up to 60 million credit cards was offered for sale on the black market. |
March 2019 | Sberbank was implicated in the Troika Laundromat, an international money laundering network involving Troika Dialog, which had previously merged with Sberbank CIB subsidiary. |
January 2018 | Herman Gref, Sberbank's chairman, discussed the pending sale of Ukrainian subsidiaries at the World Economic Forum in Davos, awaiting approval from Ukrainian authorities. |
December 13 2017 | Sberbank sold its Ukrainian subsidiary, VS Bank, to Serhiy Tihipko, a Ukrainian banker and former PrivatBank chairman. |
March 15 2017 | Ukrainian President imposed sanctions on Sberbank as part of continued sanctions against Russia for its annexation of Crimea and involvement in the Donbas war. |
February 26 2016 | Sergei Gorkov leaves Sberbank to become Chairman of Vnesheconombank. |
February 1 2016 | Svetlana Mironyuk becomes vice-president and head of marketing and communications. |
2015 | Rebranded from 'Sberbank of Russia' to simply 'Sberbank', signaling a strategic modernization of the bank's corporate identity. |
April 2014 | Ukrainian officials accused Sberbank of funding pro-Russian unrest in Ukraine, including alleged terrorism. The bank denied these allegations, which were later disproven by an examination from the National Bank of Ukraine. |
October 10 2010 | Sergei Gorkov becomes the head of international operations and senior vice chairman of the board. |
This contents of the box above is based on material from the Wikipedia article Sberbank, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.