DGAP-News: Sberbank:
(firmenpresse) - EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank:
21.06.2012 / 18:14
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Sberbank of Russia and Boeing Company signed a Memorandum of Understanding
during the Saint Petersburg International Economic Forum
Saint Petersburg, June 21, 2012 - Sberbank of Russia and Boeing Company
signed a Memorandum of Understanding aimed at extension of cooperation in
the sphere of aviation financing and leasing on the markets of Russia and
CIS.
'Cooperation between Boeing and Sberbank shall noticeably trigger
development of aviation financing and leasing in Russia and CIS. Sberbank
strives to support the aviation sector, providing companies with the
advanced financial solutions, and we are confident that partnership with
the Boeing Company, one of the world's leading aviation manufacturers, is
an important element for further successful development in this direction',
- said the President and Chairman of the Board of Sberbank of Russia Herman
Gref.
The aviation financing market in Russia and CIS tends to develop and it is
one of the most perspective markets in the world. Cooperation of Sberbank
with the Boeing Company depicts intention of the parties to generate
favorable conditions for airline companies in Russia and CIS for expanding
and renewing the aircraft fleets with reliable aircrafts, which have won
confidence world-wide.
'We hope to expand joint activities with Sberbank and will continue mutual
development of the key directions of aviation financing and leasing for
deliveries of the Boeing aircrafts', - said Sergey Kravchenko, the
President of Boeing in Russia/CIS. - 'We have also agreed to hold joint
workshops and trainings for managers of the both companies to share
experience in the sphere of aviation financing and the most efficient
methods of operation management'.
According to the latest market forecast of the Boeing Company for the next
20 years, the demand for the aircrafts in Russia and CIS shall reach about
960 aircrafts with the total value of $110 bln. Most of these aircrafts
shall be required already during the next decade in order to replace the
obsolescent aircraft fleets of Russian carriers.
Sberbank of Russia
Alexander Baziyan
Public Relations Department
tel. +7(495) 957 5721
media(at)sberbank.ru
Sberbank is the largest bank of Russia that holds about 27% of the Russian
banking assets and employs nearly 240,000 people. The Central Bank of
Russian Federation is the founder and major shareholder of Sberbank, owning
57.6% of its issued outstanding shares. Other shares are held by more than
245,000 individual and institutional investors. The Bank has one of the
largest networks in Russia: 17 territorial banks, about 19,000 branches as
well as subsidiaries in Kazakhstan, Ukraine and Belarus, a branch in India,
representative offices in Germany and China. With the acquisition of
Volksbank International in 2012 Sberbank gained presence in nine Central
and Eastern European countries.
The bank holds the general banking license No.1481 issued by the Bank of
Russia.
The official website is www.sberbank.ru
The Boeing Company is the leader of global aerospace industry. Boeing has
been cooperating with Russian aerospace industry for over 15 years. During
this period the scope of cooperation of Boeing with Russian companies
exceeded $6 bln. Business plan of Boeing on cooperation with its Russian
partners for the next 30 years is $ 27 bln. There are two large centers of
Boeing in Moscow: Research and Development Centre is responsible for
implementation of projects connected with development of new materials and
technologies, tests, research in the sphere of aerodynamics and noise, IT;
the Design Centre contracts 1.200 engineers, employees of the leading
Russian engineering and service companies, participating in design of all
common civil Boeing aircrafts.
The official site is www.boeing.ru
The Boeing Company
Contacts for mass:
Dmitry Krol
+7 495 797 3415
dmitry.krol(at)boeing.com
End of Corporate News
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media(at)sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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174990 21.06.2012
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