Sberbank of Russia placed an issue of eurobonds in the amount of RUB 25 billion, the coupon rate being 7% per annum, the bank informed.
The bonds shall mature on January 31, 2016. The bonds were placed and received primary listing on the Irish Stock Exchange on January 31, 2013.
Sberbank of Russia (tax number: 7707083893) is the largest bank in Russia, Central and Eastern Europe. Its authorized capital is RUB 67.76 billion and is represented by 21,586,948 thousand common shares and 1 billion preferred shares at par value of 3 rubles each. The Bank of Russia owns 50%+1 voting share in Sberbank. The bank has the largest countrywide branch network with 17 regional head offices and more than 20,000 banking outlets and internal departments, along with subsidiary banks in Kazakhstan and Ukraine.
Net profit (IFRS) of Sberbank for 2011 rose by 74% to RUB 315.942 billion from RUB 181.648 billion the year before. Net profit (IFRS) of Sberbank for H1 2012 decreased by 0.5% to RUB 176.1 billion.
According to preliminary data, Sberbank of Russia increased its net profit for 2012 by 11% year-on-year to RUB 344 billion.