Sberbank CIB1, the corporate and investment banking business of Sberbank, announces that it has been awarded the title of Most Innovative Investment Bank in Central and Eastern Europe in The Banker magazine’s 2018 Investment Banking Awards. The annual awards, which are granted by a judging panel of top industry experts, look to highlight excellence and innovation in the investment banking field globally. This is the third time that Sberbank CIB has been recognised for its leadership in this region in investment banking by The Banker, having previously won the award in 2014 and 2016.
Senior Vice President and Head of Sberbank CIB Igor Bulantsev commented:
“Today innovation is a determining factor of success in the corporate and investment banking industry. Over the past year we achieved impressive results in this area and are proud that the market has recognised it. Winning this prestigious award for the third time motivates us to continue on our path of innovation and digitalisation. The deals behind The Banker’s decision would not have been possible without effective teamwork focused on ensuring that the products and solutions corresponded with the aims of transactions and our clients’ interests.”
Sberbank CIB was recognised for its significant role and innovative approach on a number of leading transactions in the region, including those involving structural, geographical and technological innovations.
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 20 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 CIB 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.