Sber Shareholders Approve Record Dividend and New Supervisory Board

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At the annual general meeting, Sber shareholders authorized a record dividend payout in the bank’s history, totaling 752 billion rubles, which translates to 33.3 rubles per share. The bank’s press service confirmed this milestone.

Approximately half of the dividend, about 376 billion rubles, is earmarked for the Russian budget this year.

In addition to the financial news, the shareholders approved a new Supervisory Board consisting of 14 members, with independent directors accounting for half of the seats.

To mark the milestone, Sber showcased a documentary film during the meeting, highlighting the bank’s projects and the people across Russia who contribute to them.

The film illustrates how Sber has become woven into everyday life, touching the lives of many in the country.

Through short narratives, the film portrays individuals whose aspirations are supported by Sber’s financing and services.

One segment features a weaving factory that opened with Sber’s cooperation, representing the first full production textile plant with complete import substitution achieved since the Soviet era.

Plant manager Nadezhda Averina notes that she approached 15 financial institutions for a loan, and Sber was the only one to approve it, underscoring the bank’s unique support for the project.

German Gref, chairman of Sberbank, emphasizes that any growth in assets within an enterprise or company rests on the ability to modernize production and expand capacity.

He adds that this forms the foundation for expanding the corporate portfolio and predicts continued growth in the coming years. The bank’s role extends beyond lending; it aims to help customers develop their business, boost efficiency, manage operations, and create favorable conditions for rapid expansion.

The documentary also highlights Sber’s backing of the WinePark winery in Crimea, illustrating the bank’s involvement in regional agricultural projects.

Gref points to a recent surge in Crimea’s agricultural sector, noting the development of wineries and high-quality cheese production alongside other agro-industrial ventures.

In the film, the bank’s leadership also discusses the broader tourism surge across Russia, highlighting how domestic destinations are attracting more visitors.

He remarks that the population has begun to explore its own scenic spots, with the Mriya resort in Crimea cited as a standout achievement. Over a decade, this resort has earned numerous awards from both the global hotel industry and Russian tourism circles, reflecting the continued growth and recognition of regional hospitality projects.

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