Sberbanks ROE could top 20% by end of year Sberbank deputy management board chairwoman Bella Zlatkis told journalists on Monday at a briefing devoted to the placement of common Sberbank shares, a Banki.ru reporter wired.
She also said that Sberbanks capital will be sufficient for successful operations in the future and the implementation of its development strategy “despite the acquisition of the Turkish bank”. “In the past two weeks the only thing we have done is to meet with investors and comment on our latest financial statement," Zlatkis said. She added that the banks management hopes Sberbanks FY12 profit will be no less than in 2011.
She also emphasized that Sberbank executives have no targets to draw anchor investors. “We hope demand will be robust," Zlatkis emphasized.