Subsidiary Bank Sberbank of Russia opens 100th outlet

20.11.19 16:00
/KASE, November 20, 2019/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 20, 2019: quote Sberbank Kazakhstan continues the dynamic expansion of its regional network. The number of bank points on the map of the country reached a figure of 100. The anniversary representative office of the bank in Kazakhstan was the new Dostyk Mall outlet opened in the eponymous shopping center in the city of Petropavlovsk. In this outlet clients will be able to take advantage of the full range of banking services for individuals (the business hours of the new outlet are extended to 21 hour for the convenience of clients). The history of Subsidiary Bank Sberbank of Russia Joint Stock Company in Kazakhstan began in 2006, when Sberbank of Russia, the flagship of the Russian financial system and the largest financial institution in Central and Eastern Europe, acquired 99.99% of TexakaBank shares. Since then, Sberbank Kazakhstan has achieved tremendous success in the country's financial market, having become the second largest player in terms of assets and loan portfolio in the ranking of second-tier banks in the country over the past 13 years of its successful activity. Today, SB Sberbank JSC has a branch network of 100 structural subdivisions, 17 out of which are branches. unquote The full press release is available on KASE website: - http://kase.kz/files/emitters/SBER/sber_reliz_201119_kz.pdf – in Kazakh; - http://kase.kz/files/emitters/SBER/sber_reliz_201119.pdf – in Russian. [2019-11-20]