Payroll projects and retirement accounts
Relations with the Pension Fund of Russia (PFR)
In 2014, Sberbank launched a unified format for information exchange with the PFR, which made it possible to offer a new service to retired citizens: generating statements of types and amounts of pensions and other social payments from the PFR made to their Sberbank account.
The number of pensioners receiving social pensions through Sberbank increased by 1.5 mn people in 2014, which allowed to increase the market share in pensions distribution to 56.2%.
THE NUMBER OF PENSIONERS RECEIVING SOCIAL PENSIONS THROUGH SBERBANK AND MARKET SHARE IN PENSION PAYMENTS DISTRIBUTION, mn people
Sberbank has been strengthening its market position as a bank providing comprehensive payroll solutions for corporate clients. The number of employed individuals receiving their salary through Sberbank exceeded 22 mn people, increasing 5.7% year-on-year. Sberbank market share of the service grew by 4.1 pp to 48%. Sberbank has over 334,000 agreements with corporate clients cooperating on payroll projects.