Investor Presentaiton
SBERBANK
170 YEARS. BY YOUR SIDE
MPROVING CORPORATE GOVERNANCE
ANNUAL REPORT
2011
254
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- Other persons who have the right to give binding instructions to
the company.
Throughout the reporting year, the Supervisory Board approved
a number of related party transactions. Such transactions involved
the issuance of loans and credit lines, borrowing, pledges and guar-
antees, direct debit agreements, involvement in participatory con-
struction schemes, agreements with a stock exchange and a clearing
chamber, the acquisition of additional shares issued by Sberbank's
subsidiaries, bilateral operating and services agreements with sub-
sidiary banks and companies and agency agreements.
Sberbank entered into all related party transactions in the normal
course of business in compliance with its Licence and Charter.
A complete list of all related party transactions entered into in 2011
is provided in the report prepared in accordance with Russian securi-
ties legislation and is available on the Bank's website.
COMPLIANCE WITH STANDARDS,
RULES AND PROCEDURES
In 2011, the Bank paid special attention to bringing its activities
into compliance with Federal Law No. 224-FZ On Counteracting the
Illegitimate Use of Insider Information and Market Manipulation and
on Amending Certain Legal Acts of the Russian Federation. Notable
advancements in this field include:
- Creating a separate organisational unit to oversee the handling of
insider information, reporting directly to the CEO and Chairman
of the Management Board;
-Approving and publishing a List of Insider Information on the
Bank's website;
Sberbank's CEO and Chairman of the Management Board ap-
proving the Regulation on Accessing Insider Information of OJSC
Sberbank of Russia, Rules for Protecting Its Confidentiality and
Oversight of Compliance with Federal Law No. 224-FZ (dated 27
January 2011, No. 2106);
- Setting down responsibilities for organisational units and indi-
vidual employees.
corporate social responsibility
錄
1980s
Savings Bank Checkbook. 1987
Checkbook was issued both
to Savings Bank depositors
and borrowers. An extensive
advertising campaign was
launched for its promotion.
In a short time, the scope of
the checkbooks turned out
to be wider in comparison
with the traditional checks.
In 1988, more than a million
checkbooks were issued
1990s
Consumer loan disbursement in
the department of Savings Bank
(Sberbank)
From April 1992 the Savings
Bank used 30 percent of the
attracted funds for consumer
loan disbursement. Loans
were given at the rate of 20
percent per annum, 12 percent
of which was reimbursed to
the Savings Bank from the
Federal budget. Unlike other
commercial banks, Sberbank
continued to keep a moderate
rate of interest, despite the rise
of inflation, which made its
lending policy socially oriented
2000s
Savings Bank Employees
with diplomas of professional
improvement. 2000
During the year,
5,000 employees had
graduated from higher
education establishments
on-the-job. 78,243 employees
of the Russian Savings Bank
improved their skills with the
operating activities breakdown.
3,331 employees had
an individual training. In the
bank's overall staff structure
the share of workers under the
age of 30 exceeded 30 percent
170 YEARS. IT'S JUST THE BEGINNING
WWW.SBERBANK.RU
255
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