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BNY Wins Sberbank Depositary Mandate

BNY Mellon has been appointed as the sponsored depositary bank by Sberbank for its American depositary receipt program.

BNY Mellon has been appointed as the sponsored depositary bank by Sberbank for its American depositary receipt (ADR) program. One Sberbank ADR represents four ordinary shares.

Sberbank’s ordinary shares are tradable on MICEX. The Russian lender operates subsidiary banks in Kazakhstan, Ukraine and Belarus and also has a representative office in Germany as well as a branch in India.

Click here for the release from PR Newswire.

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