CEO: Sberbank’s board recommends 12 rbl/share in 2017 divs - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO: Sberbank’s board recommends 12 rbl/share in 2017 divs

MOSCOW, Apr 17 (PRIME) -- The supervisory board of Russia’s biggest lender Sberbank has recommended paying 12 rubles per share, or 36.2% of the net profit under International Financial Reporting Standards (IFRS), in dividends for 2017, CEO German Gref told reporters on Tuesday.

The total dividend payments will amount to 271 billion rubles, a 100% rise as compared with 2016, he said.

The central bank owns a 50% plus one share stake in Sberbank, non-Russian resident companies 45.6%, resident companies 1.5%, private investors 2.9%.

(62.2794 rubles – U.S. $1)

End

17.04.2018 14:19
 
 
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