Home / DenizBank, which is part of the Group Savings Bank, announced

DenizBank, which is part of the Group Savings Bank, announced

DenizBank, which is part of the Group Savings Bank, announced DenizBank, which is part of the Group Savings Bank, has announced a strategic partnership with MoneyGram, a global leader in money transfer, — the press service of the Far Eastern Bank OJSC «Sberbank of Russia». Under the agreement DenizBank will be part of the network will be the largest and MoneyGram MoneyGram agent in Turkey. This collaboration will allow customers to use DenizBank fast and reliable money transfer service. MoneyGram network includes more than 300000 agent locations in 198 countries worldwide. «We are pleased to announce a strategic partnership with MoneyGram. This is an important agreement for DenizBank and another step to expand the international presence of the Group Savings «, — said Sergey Gorkov, Deputy Chairman of the Management Board of Sberbank. In September 2012 Sberbank has closed the acquisition of DenizBank A. S., the fifth largest private-sector bank in Turkey and ninth in terms of consolidated assets of the bank in Turkey. In December 2010 Sberbank of Russia and MoneyGram International announced the launch of the international money transfers via MoneyGram. OJSC «Sberbank of Russia» — the largest bank in Russia and one of the leading global financial institutions. The share of the Savings Bank account for about one third of all assets of the Russian banking sector. Sberbank is a key lender to the national economy and has the largest market share in deposits. Founder and major shareholder of OJSC «Sberbank of Russia» is the Central Bank of the Russian Federation, which owns 50% of the share capital plus one voting share. The other 50% of the outstanding shares owned by the Russian and international investors. Savings services used by more than 110 million individuals and nearly 1 million companies in 20 countries. The Bank has the most extensive branch network in Russia: more than 18 thousand branches and internal divisions. Foreign Bank\’s network consists of subsidiaries, branches and representative offices in the UK, USA, CIS, Central and Eastern Europe, Turkey and other countries. Far East Bank OJSC «Sberbank of Russia» was created January 12001 included in its composition department, working in the five regions of the Federation — Khabarovsk and Primorye, Amur and Jewish Autonomous and Sakhalin regions. The central office is located in Khabarovsk — the capital of the Far Eastern Federal District. Now in terms of retail funds bank holds 48.1% market share in the region. As of 01072013 the Far Eastern bank of Sberbank of Russia opened approximately 13.4 million individuals\’ bank accounts for a total of 220 billion rubles. The share of bank lending to the population — 35.4%, legal entities — 28.6%. On 01072013 the loan portfolio of the Far Eastern bank of Sberbank of Russia amounted to 243 billion rubles. Of these, 115.5 billion — retail loans, 127.4 billion rubles — for legal entities, including 20.7 billion rubles — to small businesses. General license of the Bank of Russia for banking operations in 1481. The official website of the Bank — www.sberbank.ru.

Yegor Ivanov, RIA «VladNews»

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