Gref: Sberbank will earn about 2 trillion profit by the end of 2026
According to German Gref, despite the fact that the bank failed to fulfill a number of goals in its strategy, which were associated with the construction of a human-centered organization, all financial and technological goals were achieved
By the end of 2026, Sberbank will earn about 2 trillion rubles of net profit. This was stated by the head of the bank German Gref at the conference “Sberuniversity” about training and development. RBC Investments monitored the broadcast.
“We are showing stable financial results. This year we will earn about .2 trillion in net profit. In 2022, when we lost billions of dollars on assets seized from us, we earned $350 billion in net profit and paid $550 billion in dividends. Having been sanctioned, a multi-billion dollar business abroad was taken from us. Nevertheless, we endured it. This year we have made tremendous progress in this direction. We have not fulfilled a number of goals in our strategy, which were related to building a human-centered organization, but we have fulfilled all financial and technological goals.
On September 22, Gref told Russian President Vladimir Putin that he expects Sber’s record profit and dividend payments of 50% in 2026.
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