Sberbank’s corporate and investment banking block has organised and held the third annual conference on International Economic Activity: New Conditions and New Possibilities. Representatives of government bodies, and Sberbank’s largest corporate clients that actively participate in international economic activity, as well as experts of the economic community participated in the conference.
Deputy Minister of Economic Development of the Russian Federation Azer Talybov, Deputy Director of the Department for State Regulation of Precious Metals, Precious Stones and Currency Control of the Ministry of Finance of the Russian Federation Sergey Voznesensky, Director of the National Payment System Department of the Bank of Russia Alla Bakina, Director of Finances, Investments, and Banks programme of Russian Economic School Oleg Shibanov gave speeches at the conference. Deputy Chairman of the Executive Board of Sberbank Anatoly Popov opened the forum.
Deputy Chairman of the Executive Board of Sberbank Anatoly Popov: “Our clients’ goals are critically important to us. We understand that the speed and quality of making payments for export-import operations is a key part of their success. We have even more possibilities to make export-import activity more convenient. The bank is ready to support our clients. We have included in our plans even more measures than you expect.”
The main trends of state policy in international economic activity, new payment system of the Bank of Russia, situation on developing markets, as well as other relevant aspects of international economic activity were discussed at the forum.
At the conference, a panel discussion on Global Trade Wars, Best Business Practices, Tax Aspects and Foreign Economic Activity Tools was held, during which business representatives shared their client experience and learnt about new possibilities to extend international cooperation.
An important result of the direct dialogue between business and regulators is recognition of priority issues under which the bank is ready to form and support several legal initiatives to develop the business of clients that participate in international economic activity, said moderator of the conference, Senior Managing Director and Director of the CIB Non-Loan Products Division Stella Kudachkina.
Sberbank is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 145 million customers in 22 countries. Sberbank has the largest distribution network in Russia with almost 15,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.
Sberbank CIB1 is the corporate and investment banking business of Sberbank. Its key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank’s corporate and investment banking business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.