1. SBERBANK OF RUSSIA: OPPORTUNITIES IN HUNGARY

2. Sberbank of Russia in Brief
Foundation: 1841
Largest Branch Network:
Employees: 246 ths
Retail clients: ~ 106 mln
ATM and self-service terminals: >
Retail transactions executed via remote channels: 83%
Russian market share:
28 % - by Assets
32 % - by Corporate Loans
32% - by Retail Loans
45 % - by Retail Deposits
28% - by Equity
As of 01/07/2013

3. Sberbank of Russia: Ownership Structure & Key Financials
Ownership Structure (Sberbank Group)
Key Financials, as of July 01, 2013*
Domestic Retail
3.7%
Domestic Institutional
2.3%
Assets, total: EUR 335 bn
Equity, total: EUR 41 bn
Corporate loans : EUR 176 bn
Retail loans : EUR 66 bn
Retail deposits: EUR 167 bn
Net profit: EUR 4.5 bn
ROAA: 2.8%
ROAE: 22.4%
Cost/Income ratio: 38.5%
Free float
50.00% -
1 ordinary share
50.00% +
1 ordinary share
44.0%
Foreign Institutional
Central Bank of Russia
50.0%
+ 1 share
Free Float
Central Bank of Russia
Source: Company’s website ( Bank of Russia website ( )
* at Central Bank of Russia RUR/EUR exchange rate for 01/07/2013

4. Sberbank Group: Broad Geographical Coverage
Central & Eastern Europe
Sberbank Europe AG
100.0% stake
2.7% of Group’s assets
Headquartered in Austria; 270 branches in 8 countries: Croatia, Czech Republic, Slovakia, Bosnia-Herzegovina, Hungary, Slovenia, Serbia and Ukraine
Ukraine
Sberbank of Russia JSC - to be merged with Volksbank Ukraine
100.0% stake
0.8% of Group’s assets
#8 by assets
2.7% market share by assets
Representative offices:
Germany
China
Trading platforms:
London
New York
Branch:
India
Wholly-owned subsidiary:
Sberbank (Switzerland) AG
Belarus
Kazakhstan
Turkey
JSC BPS-Sberbank
97.9% stake
0.8% of Group’s assets
#3 by assets
9.7% market share by assets
SB JSC Sberbank
99.99% stake
1.1% of Group’s assets
#5 by assets
6.1% market share by assets
DenizBank AS
99.85% stake
6.9% of Group’s assets
ca. 623 branches; 3,357 ATMs; 126,863 POS terminals
Source: Sberbank’s unaudited quarterly IFRS financial statements for 1H2013, Sberbank’s operational data as of 01/07/2013, Sberbank’s and subsidiaries’ ranks and market shares based on the respective central banks’ data

5. Subsidiaries of Sberbank Europe AG in brief
Today nine banks of Sberbank Europe AG operate in 8 European countries
Year of Foundation
Total Assets, mln euro
Branches
Employees
Sberbank, Slovakia
1991
1 971 41
625
Sberbank, Czech Republic
1993
2 575 22
706
Volksbank, Hungary
1 788 52
696
Sberbank, Slovenia
1 504 12
229
Sberbank, Croatia
1997
1 221 30
445
Sberbank, Bosnia and Herzegovina
2000
388 26
Sberbank, Banja Luca
2007
284 23
276
Sberbank, Serbia
2003
858
533
Volksbank, Ukraine
212 38
477
Subsidiaries of Sberbank Europe AG, total -
10 801
270
4 375
As of 01/09/2013

6. Magyarorszagi Volksbank Zrt. in Brief
Foundation: 1993
Outlets: 52
Employees: 696
Assets, total: EUR mio
Market share in Hungary
1.70% by assets
2.30% by loans
2.20% by deposits
As of 01/09/2013, except for market share figures – as of 01/08/2013

7. Russia and Hungary: economic cooperation
Russian-Hungarian economic relations occupy an important and permanent place in the system of foreign economic relations of the two countries, which made it possible to maintain the bilateral cooperation during the crisis.
In the interest of sustainable development of the economies of the two countries Russia and Hungary are going to make efforts for the successful implementation of joint projects and already started to search for new ways of bilateral cooperation.
Along with the cooperation within the “South Stream” framework, the other important project is delivering of Russian nuclear fuel for the Hungarian “Paks” Nuclear Power Plant which is planned to continue until the plant stops its operations.
According to the Hungarian Customs statistics, the trade turnover between Russia and Hungary in January-June 2013 increased by 6.7% to $ 6.1 billion.
The dominant share in Russian export to Hungary is occupied by energy sources (92%). Russian import from Hungary consists mostly of engineering products (44.7%) and manufacturing (excluding engineering products) (45.1%).
The Russian-Hungarian Intergovernmental Commission on Economic Cooperation is one of the established authorities set up to strengthen mutual cooperation.

8. Sberbank in Hungary: key achievements
Corporate:
- Participation Hungarian National Bank growth program
- Several significant deals in Corporate
- Increase of fees based on new account contracts signed
Retail:
- Moneygram cooperation agreement signed
- New account packages launched for private individuals & micros
- Consumer loan pilot started
- Mobile banking application for smartphones developed and will go live by end of 2013
Risk:
- New credit process launched
Operations:
- STP Excellence Award of Deutsche Bank

9. Business relationship
Despite the unfavorable macroeconomic situation in Hungary, Sberbank of Russia successfully develops its business in the following areas:
Energy: VBHU is one of the most active banks that lend to projects in the energy sector in Hungary, including alternative energy projects
Telecommunications and transport: VBHU actively lends money to the telecommunications sector companies (Magyar Telekom, Synergon), serves and finances logistic transport companies: Gefco (owned by Russian Railways) and Ukrailtrans (4th place in the market of railway traffic, the company is founded and owned by Russian investors)
SME: VBHU is one of the major banks lending to the SME sector in , Participation in the program of the National Bank in July and August provided a portfolio growth of SMEs in the amount of approx. USD 45 million
implementation of joint projects with other banks of Sberbank Group: Sberbank is the leader of the consortium of financial advisors (with the Hungarian Development Bank and ING) on the construction project of the gas pipeline "South Stream Hungary”, while Hungarian Volksbank is the agent and the syndicate leader to finance the supply of gas deal along with Sberbank Europe, Unicredit and OTP.