Sberbank Europe AG in Abwicklung (Austria)

Address

Schwarzenbergplatz, 3, 1010, Wien, Austria

BIC

SABRATWWXXX

Overview

Business Focus

corporate banking

Sberbank Europe AG is a banking group 100%-owned by Sberbank Russia, the largest Russian banking group. In 2012 Sberbank Russia acquired international banking division of Volksbank (Austria) and rebranded it to Sberbank Europe. Sberbank Europe was focused on providing corporate banking products and services. Since May 2022, Sberbank Europe AG is in liquidation.

Performance

In 2020, Sberbank Europe AG in Abwicklung achieved the position of 38th largest bank in Austria with a market share of 0.39%; its total assets grew by 13.22%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Sberbank Europe AG in Abwicklung.

Market Share (#38 in Austria)

Market Share of Sberbank Europe AG in Abwicklung

Financials

Total Assets of Sberbank Europe AG in Abwicklung

Net_income of Sberbank Europe AG in Abwicklung

Total Assets (2020)

3,604.68 mln EUR (+13.22%)

Net Income (2020)

-977,864,978.30 EUR (+3.42%)

Sberbank Europe AG in Abwicklung was the 38th largest bank in Austria in terms of total assets. In 2020 its total assets were 3 604,68 mln EUR, providing the bank with the market share of 0.39%. Sberbank Europe AG in Abwicklung was the 4th largest special purpose bank in Austria (out of 19 special purpose banks) having market share of 6.89% amongst the banks of this category. In 2020 the bank's net income was -977,86 mln EUR.

Credit Ratings

Fitch: BBB-

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: -

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Sberbank Europe AG in Abwicklung is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).

Deposit Guarantee

Guarantee Fund

Einlagensicherung AUSTRIA Ges.m.b.H (ESA)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons (Austrian and foreign)
legal entities (Austrian and foreign)

Covered Accounts

all balances on bank accounts

Sberbank Europe AG in Abwicklung participates in the deposit guarantee scheme of Austria which applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Sberbank Europe AG in Abwicklung is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.