Sberbank takes capital punch

- By Alessandro Aimone
- @aimoneale
- 28 Feb 2018

Sberbank estimates it will incur a 30-basis point hit to its capital ratio following the adoption of a new loan loss provisioning standard under IFRS 9.

The Russian bank expects a Tier 1 capital depletion of 90.9 billion rubles ($1.6 billion) as a result of the switch, mostly due to the diversion of retained earnings to reserve for expected credit losses under the fresh accounting standard.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net