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Sberbank Russia OJSC provides commercial banking and financial services. The company engages in corporate and retail banking activities, such as deposit taking and commercial lending in freely convertible currencies, support of clients export & import transactions, foreign exchange, securities trading, bank insurance and brokerage and trading in derivative financial instruments. Read More It operates through the following segments: Moscow, Central and Northern Regions of European Part of Russia; Volga Region and South of European Part of Russia; Ural, Siberia and Far East of Russia; and Other Countries. The company was founded in 1841 and is headquartered in Moscow, Russia. SBRCY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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Sberbank Q4 And Full-Year Results: More Profitable, More Vulnerable
However, the bank has become more vulnerable to possible "sanctions from hell". Company Overview Sberbank (OTCPK:SBRCY) 4Q18 IFRS results are in line with expectations. Net profit of Sberbank increased by 2.2% Y-o-Y to 176.2 billion rubles ($2.7 bn), which is in line with expectations, and ROE was 18.8%. Net interest income declined by 0.7% amid the expected pressure on profitability. The growth in net fee and commission income slowed to 8.1% (versus 18% in 3Q18) due to changes in accounting related to lo...