OREANDA-NEWS. February 21, 2014. The number of individual customers of JSC "SBERBANK OF RUSSIA” – a subsidiary bank of Sberbank in Ukraine – exceeded 800,000, which is two times higher than at the beginning of 2013.

At year-end 2013, JSC "SBERBANK OF RUSSIA" ranked second among the Ukrainian banks in the growth of public funds: volume of the individual customers funds increased by more than one and half and exceeded 14 billion UAH. In 2013, the Bank opened 50 new branches throughout Ukraine.

Herman Gref, President and Chairman of the Board of Sberbank, commented: “We were actively developing in 2013, and since the beginning of this year the Bank has also seen deposit inflows from the customers in both corporate and retail sectors.

The situation in our subsidiary bank is stable; the management provided a good supply of liquidity last year. We fully meet all the standards of the National Bank, including capital adequacy rate. We are very closely monitoring the situation in Ukraine. It is one of the most important markets for us. Sberbank came to Ukraine with a long-term view, and long-term relationships with our customers and partners are very important for us. We will continue to monitor developments in the market and, if necessary, will take action to support our subsidiary bank in Ukraine. Nevertheless, we are confident in the prosperous future of the country”.