Working with the Government

Sberbank continued to successfully coordinate with government agencies and services and state companies throughout 2011. The Bank’s dialogue with government bodies helped address numerous issues of ongoing concern and led to the signing of agreements and memoranda, defining approaches and principles of cooperation between the Bank and its counterparties.

Results of engagement with government agencies, services and institutions

Government body, state company Results of dialogue
Pension Fund of Russia Determined a procedure for cooperating to develop a unified approach towards pension delivery through Sberbank offices.
Russian Motorways (a state company) Signed a Memorandum of Understanding and Cooperation that provides for cooperation in financing projects under the Long-Term Action Programme, including concession projects. The Memorandum also outlines possible options for Sberbank’s participation in the development of other investment schemes as public-private partnerships.
Federal Tax Service Signed an agreement on interoperability between the Taxpayer’s Personal Area, a web service operated by the Federal Tax Service, and Sberbank Online for the collection of taxes, duties and other fees administered by the FTS.
Federal Notary Chamber Signed an agreement on electronic document exchange that provides for paperless data exchange between notaries and Bank offices in dealing with inheritance, offering services such as locating the accounts of the deceased and checking account and deposit balance.
NIS GLONASS (a national navigation services provider) Signed a Memorandum of Cooperation to implement a system to administer federal highway tolls for vehicles with a maximum permitted weight of over 12 tonnes.

    History

My Annual Report

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