Contributing to the Sustainable Development of Russian Regions

We offer various kinds of investment and banking services taking into account the needs and circumstances of specific regions. These services include, among others:

  • Loan financing for budget expenditures
  • Financing public-private partnerships
  • Financing businesses.

The Bank provides services to virtually every sector related to socioeconomic development, including the social sphere, infrastructure and transport, the housing and utility sector, energy, small business development and priority economic sectors (agriculture, innovation, mechanical engineering, etc.)

Sberbank’s presence across the entire Russian Federation and the scale of its operations create favourable conditions to further strengthen the Bank’s position in regional markets. As a result of spirited efforts by our regional banks, the regions account for a major portion of our business: presently loans to businesses and retail customers based in the Russian regions comprise over 68% of the Bank’s loan portfolio.

In 2011, the Bank’s key regional development results were:

  • Sberbank’s contribution to a review of Russia’s competitiveness and the preparation of the Russia Competitiveness Report 2011 jointly with Strategy Partners Group, the World Economic Forum and the Eurasia Competitiveness Institute;
  • The preparation of regional development plans;
  • The publication of a report on the Entrepreneurial Climate of Russian Regions.
Working with the Government of the Republic of Udmurtia

Sberbank signed a Cooperation Agreement with the Government of the Republic of Udmurtia in 2011. The agreement provides for regional bonds to be issued to the value of RUB 2-2.5 billion. It is planned that Sberbank, amongst other activities, will manage payroll projects for public institutions and state enterprises based in the republic.

Sberbank will support a number of regional infrastructure development projects, including: a regional targeted programme to Develop the Motorway System in the Republic of Udmurtia; the construction of gas distribution networks; improving access for households, businesses and institutions to natural gas supplies; and the modernisation of municipal water supply and sewer networks in Izhevsk and Votkinsk.

Another area of cooperation is agriculture, where Sberbank is supporting operations and development in the Republic. It is planned that the Bank will provide financial support for the creation of a fish farming facility in the region.

In 2011, the Bank launched the Mobile Trust project, under which Sberbank representatives visited municipalities in the republic and collected loan applications from small business customers. A total of 112 applications worth RUB 66.7 million were approved.

Sberbank supports the initiative to create a Regional Development Corporation for the Republic of Udmurtia, which will help address development objectives at a higher, systemic level.

* From RAS Financial Report of OJSC Sberbank Of Russia for 2011


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