OREANDA-NEWS. November 17, 2014. Sberbank of Russia announces the outcome of the meeting held by its Supervisory Board. The Supervisory Board reviewed Sberbank’s operations for 9 months of 2014, and listened to information about Sberbank’s financial results for 10 months of 2014 and also Sberbank’s report on the MIS system.

The Supervisory Board reviewed information about the results of checks carried out by the Internal Control Service in the first half of 2014, and approved the Internal Control Service’s plan to perform checks in 2015.

In addition the Supervisory Board approved the new version of the Provisions on the Committees of Sberbank’s Supervisory Board.

Also, the Supervisory Board approved a non-arm’s length transaction involving Sberbank and CJSC PPF Sberbank.