16:08 31.01.2013

Ukrainian subsidiary of Sberbank of Russia to open 30-50 offices in 2013

JSC Sberbank of Russia (Kyiv) plans in 2013 to invest in the network development and IT, Board Chairman Ihor Yushko has told Interfax-Ukraine.

"This year we will more actively invest in IT and network development. Last year we opened 30 offices, while 50 offices opened in 2011," he said.

Yushko said the slowdown in the chain expansion in 2012 was due to its rapid growth over the past two years.

"Therefore we continued development, but at a slower pace to have time to consolidate and not to lose business profitability. This is all planned: in the current year we will open 30 or 50 offices," he said.

He said the strategy of the bank's development foresees bringing the number of offices to 300 by 2015, while currently there are 162 outlets, two of which were opened in January this year.

Yushko also noted that the bank is successfully attracting funds from individuals.

"Last year we had good results: we more than doubled individuals' deposits. And January was also good for us," the banker said.

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