|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.5200 - 0.5200|
|52-week range||0.4800 - 21.6300|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||0.18|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||11 May 2021|
|1y target est||N/A|
The ability of Russia to service its debt is in focus as the country faces the prospect of sovereign default after Western capitals imposed sweeping sanctions in the wake of what Moscow calls a "special operation" in Ukraine, which started on Feb. 24. Sberbank, which serves about 100 million customers in Russia, is one of the country's most crucial financial institutions. "Due to blocking sanctions imposed on Sberbank by the United States and United Kingdom, the international financial infrastructure is preventing (Sberbank) from making payments to investors as set out in the issuance documentation," the bank said in a statement.
Holders of Sberbank's depositary receipts can exchange them for Sberbank's shares by June 16, the bank said in a statement, adding that it notified the London Stock Exchange of its intention to terminate the circulation of the receipts.
Chief Financial Officer Alexandra Buriko and fellow Deputy Board Chairman Sergei Maltsev decided to terminate their employment with the bank, Sberbank said in a statement. "Within the framework of transforming Sberbank's governance model and updating its strategy, changes have been made to the composition of the board," Sberbank said.