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Ukrainian business of Sberbank

The National Security and Defense Council of Ukraine instructed to make proposals for imposing sanctions against banks with participation of Russia

TASS-FACTBOX. March 15 2017. The National Security and Defense Council of Ukraine instructed the National Bank and the Security Service of the country to make proposals within a day for imposing sanctions against banks with participation of the Russian Federation.

Currently, there are eight lending agencies in Ukraine owned by Russian banking groups, including public joint stock company Sberbank. Since March 13, 2017, the operations of Sberbank in Kiev have been blocked by Ukrainian nationalists.

PJSC Sberbank is a Ukrainian commercial bank which is fully owned by the Russian PJSC Sberbank of Russia. It provides a full range of banking services to all categories of customers. The headquarters is located in Kiev.

In Ukraine, Russia’s Sberbank also owns-PJSC VS Bank (founded in 1991, acquired by Sberbank Europe AG in 2013).

History of Sberbank in Ukraine

The bank was registered in Ukraine on June 15, 2001 as ZAO Bank NRB-Ukraine, a subsidiary of the Moscow-based National Reserve Bank (NRB). The founders of the bank were the Kiev-based company Project-Invest Ltd. and the Ukrainian-Swiss joint venture R&S Ukraine and Zymservise-Ukraine.

On December 27, 2007, Russia’s Sberbank acquired 100% in Bank NRB-Ukraine.

On August 5, 2008 the name of the bank was changed to PJSC Subsidiary Bank of Sberbank of Russia.

By January 2010, the bank ranked 12th in the group of the largest banks under the classification of the National Bank of Ukraine.

In the early 2013 it entered top 10 of largest banks in Ukraine. In 2015, the bank received its current name.

In April 2016, additional capitalization of the bank took place - the authorized capital was increased by 4.3 billion hryvnia ($159 million) to 12.5 billion hryvnia ($463 million).

Current state

According to the National Bank of Ukraine (NBU), as of January 1, 2017, the assets of PJSC Sberbank amounted to 48.335 bln hryvnia (about $1.7 bln) the bank ranked 6th on the list of 93 banks operating in the country.

The total amount of deposits was at 18.79 bln hryvnia (about $700 mln). Of this amount 11.416 bln hryvnia ($423 mln) fell to individuals' deposits. The share of PJSC Sberbank on the market of retail deposits was 2.67%.

In 2016, the bank served more than 1 mln individuals, more than 28,000 customers of small and medium-sized businesses, as well as 5,000 large Ukrainian enterprises.

According to the NBU, the cumulative loss in 2016 amounted to 2.824 bln hryvnia ($105 mln).

The regional network of the bank has more than 200 branches, the number of employees exceeds 2,000 people.

According to the bank's own data, in 2013-2016, the bank paid taxes and fees to the state and local budgets of Ukraine for the sum of more than 1.8 bln hryvnia ($67 mln).

Igor Yushko has been Chairman of the bank’s board of directors since November 2008.


The bank’s website: