trending Market Intelligence /marketintelligence/en/news-insights/trending/3fugspSHA5z0gK3xEzBD8A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Sberbank sees 2020 NIM at over 5%, pledges 50% dividend payout from 2019 profit

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Sberbank sees 2020 NIM at over 5%, pledges 50% dividend payout from 2019 profit

PAO Sberbank of Russia expects its 2020 net interest margin will drop slightly throughout the year and average between 5.1% and 5.3%, according to the lender's 2020 financial plan presented during the Dec. 11 Analyst Day.

The bank expects its retail loan portfolio to expand by 12% to 14% — in line with market expectations for the sector — and its corporate loans to grow slightly faster than the banking sector's average of 8% to 10%.

Fee and commission income is set to increase by over 10% in 2020, while the cost-to-income ratio is projected to only grow slightly due to costs associated with the lender's technological transformation. The bank also expects a return on equity of over 20%, a common equity Tier 1 ratio of around 14% and cost of risk to be between 100 and 110 basis points for the 2020 fiscal year.

The lender also indicated in its presentation for analysts that strong capital adequacy levels will allow it to earmark 50% of its 2019 net profit under international financial reporting standards for dividend payouts.