The portfolio of Sberbank's biggest clients has neared RUB 11 tn, with Oil & Gas and Metals & Mining Industry accounting for the largest proportion of the portfolio (40%).

Olga Kharlamova, vice president, director of Key Clients Lending, Sberbank:

"For years, Sber has been a key financial partner to Russia's largest businesses when implementing the biggest projects. The bank's credit portfolio of the largest clients has currently approximated RUB 11 tn. When we talk about the biggest clients, we mean a rather stable pool of companies. However, despite the client base being somewhat static, we manage to post operating income growth due to products with complicated structure and a wider range of services."

The bank's biggest projects in 2021:

- the financing of the Malmyzh copper field development and the construction of a mining and refining facility with Sber providing RUB 97.5 bn in a syndicated loan

- the co-financing of Arctic LNG 2, Russia's largest LNG facility. Sber's contribution to the syndicate capped at EUR 3.0 bn

- the financing of Russia's first green electrometallurgical facility by OMK, with Sber's syndicated loan reaching RUB 41.5 bn, etc.

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Sberbank of Russia published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 11:15:26 UTC.