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 operates as a universal bank, focusing on retail and corporate banking products and services.
Sberbank Europe AG is the 35th largest bank in Austria in terms of total assets. In 2018 its total assets were 3 629,26 mln EUR, providing the bank with the market share of 0.45%. Sberbank Europe AG is the 4th largest special purpose bank in Austria (out of 20 special purpose banks) having market share of 7.81% amongst the banks of this category. In 2018 the bank's net income was -918,48 mln EUR.
Sberbank Europe AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative).
Sberbank Europe AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme 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 is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.
Sberbank Europe AG is headquartered in Wien.