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1841
- Sberbank's history goes back to Cancrin 's financial reform of 1841, when a network of the first state-owned savings banks was created in Russian Empire. By the end of the 19th century, the network reached almost 4 thousand outlets with over 2 million depositors.
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Sberbank's history goes back to Cancrin's financial reform of 1841, when a network of the first state-owned savings banks was created in Russian Empire. By the end of the 19th century, the network reached almost 4 thousand outlets with over 2 million depositors.
SberBank is the historical successor of Savings Offices, which were established by the decree of Emperor Nicholas I, and later the State Labor Savings Offices. Below are the milestones in the bank’s history, which is closely linked with the course of Russian history.
Key Dates: 1988: A reorganization of the Russian banking system leads to the creation of Sberbank, a specialized bank for private savings. 1991: Sberbank becomes a joint stock company. 1995: A crisis at commercial banks increases Sberbank's dominance of the individual savings market.
Jun 17, 2024 · A state-owned banking and financial services company headquartered in Moscow, Sberbank owns an asset portfolio roughly twice the size of its main competitor, VTB.
Jan 23, 2018 · Summary. The risk of an uncontrolled banking crisis still looms, prompting the CBR to establish new strict bankruptcy rules and initiate a banking sector clean-up. But are financial reserves...
- Dennis Viliardos
May 17, 2018 · Sberbank is the successor to the savings division of the Soviet central bank, which in turn traces its roots back to a network of private savings institutions that was created by tsarist decree in 1841. Sberbank was privatized in 1991 but retains close ties to the central government.
History. Sberbank Europe Group (Sberbank Europe AG) was a banking group headquartered in Vienna, Austria, and owned by Sberbank, a Russian state-controlled company. Sberbank Europe provided financial services to over 780,000 customers in eight countries in Central and Eastern Europe. It has been in liquidation since early March 2022 following ...
