Sberbank has lowered the bar of profitability in the new strategy
In the new strategy for 2027-2029. Sberbank lowered its target level of return on capital (ROE) to “at least 21%” annually. In the current strategy for 2024-2026, the benchmark was above 22%. New parameters of the head of the bank German Gref presented on November 12 at the Investor’s Day. Other metrics have not changed: the bank plans to keep capital adequacy under the H20.0 standard at least 13.3%, and to direct at least 50% of net profit under IFRS to dividends.
In the new strategy for 2027-2029. Sberbank lowered its target level of return on capital (ROE) to “at least 21%” annually. In the current strategy for 2024-2026, the benchmark was above 22%. New parameters of the head of the bank German Gref presented on November 12 at the Investor’s Day. Other metrics have not changed: the bank plans to keep capital adequacy under the H20.0 standard at least 13.3%, and to direct at least 50% of net profit under IFRS to dividends.
