OREANDA-NEWS. December 06, 2010. Sberbank believes the dividend payout ratio of 10% of net profit is fairly optimum, the bank president and board chairman, German Gref said. “We are not ready to radically change our dividend policy and consider the current 10% dividend payout ratio as fairly appropriate”, he said.

“Sberbank is now entering a phase of intense investment activity. We are to completely replace our technological platform and restructure the branch network”, Gref explained. In addition, he underscored Sberbank was interested in upsizing to tier 1 capital.