Investor Presentaiton slide image

Investor Presentaiton

bank profile SBERBANK 170 YEARS. BY YOUR SIDE ANNUAL REPORT 2011 14 Retail sales rose 7.2%, fuelled by deferred demand and lower savings levels. These factors had certain implications for Russian banks' retail businesses: Customer deposits slowed from 31% in 2010 to 21% in 2011. With Sberbank's customer deposit growth rate being below the market average (18%), its share in this segment reduced from 47.9% to 46.6%. Banks actively increased retail lending. Retail loans grew almost one third over the year (36%). Sberbank maintained a market share of 32% in this segment thanks to a growth rate comparable to the market average. Russian banks worked keenly with domestic companies and enterprises whose deposits and loans grew 26% and 27% respectively. Sberbank also continued to work closely with its corporate customers, especially in the corporate lending segment where its market share increased from 31.3% to 32.9%. One of the hallmarks of the development of the Russian banking sector in 2011 was that lending grew at a faster pace than customer depos- its, putting more pressure on the liquidity of the domestic banking sector in the second half of the year. 2011 saw a steady improvement in the quality of loan portfolios in the domestic banking sector. Non- performing loans to corporate customers and individuals dropped markedly over the year. Sberbank also placed a special focus on the quality of its loan portfolio and continued its effort to collect non- performing loans. At the same time, Sberbank actively expanded its term loan portfolio. Together these efforts helped to reduce the share of non-performing loans from 7.3% to 4.9%. % Assets Equity Corporate lending Retail lending Corporate accounts Retail deposits Income before tax In 2011, Sberbank recovered provisions for certain loan as part of on- going measures to deal with non-performing assets. While the Bank continued to make provisions on new loans, overall provision charges reduced substantially over the year. This reduction had a positive effect on the level of income, which reached a record high and accounted for 46.5% of total income earned by the national banking sector*. SBERBANK'S SHARE IN VARIOUS SEGMENTS OF THE FINANCIAL SERVICES MARKET 2011 2010 26.8 27.3 29.1 26.4 32.9 31.3 32.0 31.9 14.5 15.9** 15 46.6 47.9 A 46.5 39.2 170 YEARS. IT'S JUST THE BEGINNING WWW.SBERBANK.RU * Quoted before tax and without taking into account events after the balance sheet date. Source: Overview of the Russian Banking Sector (Internet version), No. 113, March 2012 ** The 2010 data was restated to reflect a change made in 2011: balances in precious metals were excluded. bank profile
View entire presentation