Decision of the Single Resolution Board on compensation to the shareholders of Sberbank banka d.d.

The Single Resolution Board (SRB) has decided that no compensation is due to the shareholders affected by the resolution action concerning Sberbank banka d.d.

It concluded that they were better off in resolution than they would have been under normal insolvency proceedings and that the shareholders are not entitled to compensation from the Single Resolution Fund. The decisions are based on the post-resolution valuations performed by an independent valuer with respect to Sberbank banka d.d. respectively, as well as on the analysis of comments received in the context of the ‘right to be heard’ process.

For more information, see the Single Resolution Board's press release.