EconomySberbank plans to keep annual return on equity at 21% or higher
Sberbank plans to achieve annual return on equity of at least 21% under its Strategy 2029, CFO Taras Skvortsov said. Half of net profit would be paid as dividends and the rest invested in the business’s long-term sustainability. The bank expects Russia’s economy to grow by an average 1.5% annually over the next three years, with inflation near 4% in 2028-2029.
Sberbank plans to keep annual return on equity at 21% or higher