Sberbank of Russia adopted unanimously as a full member of the European Savings Banks Group (EGSB) held on 16 November in Brussels the first session of the General Assembly. According to the press service of the Savings Bank of Russia. Since its founding, and until the entry into force this year, a new charter EGSB members of the organization could be savings and retail banks from the countries of the eurozone, whose interests EGSB defended before the bodies of the EU and international financial organizations. Sberbank of Russia had special observer status at EGSB. Becoming a full member EGSB was a continuation from the Savings Bank in cooperation with the savings and retail banks worldwide.
new status of Sberbank in EGSB allow the bank to get reliable information on developments in the European banking law and the processes occurring in the European banking market and, if necessary - to defend their interests through EGSB.
European Savings Banks Group - an international organization of European savings, retail banks and their associations, providing access to financial services through an extensive network and demonstrate corporate social responsibility towards society. EGSB members from 24 countries with total assets of 4345 billion euro represent one third of European retail banking market. EGSB on transboundary projects managed by the banking services.
Prime-TASS news agency 09:21 17.11.2005
