OREANDA-NEWS. January 4, 2013. Global Banking & Finance Magazine has named Sberbank as the "Best Retail Bank in Russia 2012" in the Banking category of its 2012 Review Awards. In awarding Sberbank "Best Retail Bank in Russia 2012" Global Banking & Finance has recognized Sberbank’s leading position in the Russian retail banking market.

The Global Banking & Finance Awards annually award the world’s leading banks and financial institutions across a range of categories.

Aleksander Torbakhov, Deputy Chairman of the Management Board of Sberbank, commenting on the award said: “A customer-oriented approach is one of Sberbank’s main principles, and we have worked hard to put this principle into action. We are grateful to Global Banking & Finance for their recognition of this and we want to emphasize that we will not rest on our laurels in 2013: there is still plenty of work to be done”.