Subsidiary Bank Sberbank of Russia announces 9M 2017 results

/KASE, November 30, 2017/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of November 30, 2017: quote According to the results of interim condensed financial statements for 9 months of 2017, Sberbank increased net profit by 42,8% compared to the same period of last year. The total amount was KZT 9.6 billion. The main driver of profit growth is net interest and commission income. "Following the results of three quarters of 2017, we achieved excellent results in all key indicators and increased our efficiency. In general, our business is developed in accordance with the strategic plan. At the beginning of the year, Sberbank invested KZT 831,4 billion in the national economy. We are actively providing corporate and retail clients with loans," Aleksandr Kamalov, Chairman of the Management Board of SB Sberbank JSC, said. - Assets – KZT 1,627 trillion. The market share is 6,7 %; - Liabilities – KZT 1,464 trillion. The share in the banking sector is 6,9%; - Funds of clients – KZT 1,266 trillion. The share in the banking sector is 6,9%; - Amount of equity increased by 8,9% and reached KZT 162,36 billion. The market share is 5,6 %; - Loan portfolio increased by 15,4% and reached KZT 1,029 trillion. The share in the banking sector is 8,3%. - The Bank's net profit increased by 42,8% and reached KZT 9,612 billion; - Net interest income increased by 5,9% and reached KZT 54,962 billion. SB Sberbank JSC ranks the 4th in terms of assets, loan portfolio and liabilities of clients and 5th in terms of equity among 33 banks of the Republic of Kazakhstan according to the state financial supervision as of 01.10.2017. SB Sberbank JSC is a part of Sberbank international group. The Bank has eleven-year successful experience in the financial market of the Republic of Kazakhstan and ranks 4th in terms of assets among second-tier banks of the Republic of Kazakhstan. Nowadays, SB Sberbank JSC has a branch network of 87 structural subdivisions, 16 out of which are branches. The central office of the Bank is located in Almaty. www.sberbank.kz Yekaterina Kupreyeva +7 (727) 266 35 68 (ext. 502499) e-mail: yekaterina.kupreeva@sberbank.kz Yevgeniy Kruglik +7 (727) 266 35 68 (ext. 501237) mobile: +7 707 75 00 681 e-mail: yevgeniy.kruglik@sberbank.kz unquote [2017-11-30]