Sberbank Public Joint Stock Company is a Russian government-owned financial conglomerate, the largest transnational and universal bank of the Russian Federation - Russia, Central and Eastern Europe. Clients of Sberbank of the Russian Federation as of 2019 are 110 million individuals and over 1 million enterprises.
Sberbank PJSC is controlled by the Government of Russia, which owns 52.3% of ordinary shares, the remaining shares are in public circulation. The bank provides a wide range of banking services. As part of the strategy for transforming Sberbank into a technology company, the share of non-banking services, such as online e-commerce stores, telecoms, insurance, medicine etc., is beginning to grow. In 2018, the value of the brand of Sberbank of Russia amounted to 670.4 billion rubles (the highest cost brand in Russia).
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