Founded in 184 1, it is the largest state-owned commercial bank in Russia, accounting for more than a quarter of domestic bank assets, which is closely related to Russia's economic and social development.

Today, Sberbank has become a global commercial bank, providing the most extensive banking services, with a stable customer base and operating freely in all aspects of the financial market. Sberbank, through its more than 20,000 branches, provides banking services to 1 1 30,000 corporate users across the country, with 250 million retail accounts.

In 20 12, Fortune Global 500 ranked 304th.

In 2009, Magna, a Canadian-Austrian joint venture auto parts manufacturer, reached an agreement with the Russian Federal Savings Bank to jointly acquire part of the equity of Opel, a German automaker currently controlled by General Motors. After the acquisition is completed, the Russian Federal Savings Bank and Magna will each hold 27.5% of Opel.