31.05.11
Scot Holland | CB Richard Ellis has announced the successful closing of a deal and signing of a Lease Agreement for additional office premises for Sberbank in Almaty, Kazakhstan. The new premises have a total area of more than 500 sqm and are located in the “Innova” Business Center. Scot Holland | CB Richard Ellis was appointed by Sberbank as the primary consultant and Agent for this project.Sberbank today is the largest credit institution in Russia and CIS, accounting for 27% of the aggregate Russian banking assets and 26% of banking capital. According to The Banker magazine, as of 1 July 2010, Sberbank was ranked 43th in the world in terms of Tier 1 capital. Established in 1841, Sberbank has grown into a universal commercial bank with diversified businesses. Sberbank is the biggest taker of deposits in the country and the key lender to the national economy. As of 1 January 2011 Sberbank accounted for 48% of retail deposits, 32% of consumer loans and 31% of corporate loans in Russia.
Sberbank has the largest countrywide branch network with 17 regional head offices and more than 18,880 retail outlets with about 241,000 employees. Elsewhere, Sberbank operates subsidiary banks in Kazakhstan and Ukraine and Belarus, has a representative office in Germany, a branch in India and is building a foothold in China. Under its Development Strategy, the Bank plans to generate about 5% of net income outside Russia by 2014. Sberbank’s shares have been publicly traded on MICEX and RTS since 1996. In March 2007, the Bank increased shareholder capital by 12% through the SPO, raising RUB230.2 bn in new capital. Sberbank’s average daily turnover makes about 35% of total MICEX turnover. As of 16 April 2010, CBR owned 60.3% of Sberbank’s ordinary shares and 57.6% of its total share capital, being Sberbank’s controlling shareholder. The remaining shares are held by more than 263,000 institutional and private investors. Non-resident ownership of about 32% suggests Sberbank’s shares are a compelling investment.
Sberbank’s solid business reputation is confirmed by its international ratings: "BBB" long term issuer default rating from Fitch Ratings and a long term foreign currency deposit rating of "Baa1" from Moody’s Investors Service. The Bank has the highest national scale rating of AAA.ru. Approved in October 2008, the Development Strategy till 2014 is aimed at developing Sberbank’s enormous potential and making it even more competitive. Prudent risk management, cost optimization and higher efficiency incentives will help Sberbank to weather the current financial turmoil, maintain leadership in the Russian financial system and become one of leading global financial institutions.
The performance of the Scot Holland | CBRE team was highly appreciated by the Senior Management of the company, which expressed hopes for further cooperation.
About CB Richard Ellis CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com and www.cbre.kz