Sberbank, the biggest, government-controlled bank in Russia registered in the American Depositary Receipt program with the Securities and Exchange Commission of the United States. In June of 2011, the Federal Service for Financial Markets issued authorization to Sberbank to have a quarter of its common shares of stock listed on foreign exchanges.

Sberbank intends to list 5 396 737 thousand shares in the form of ADRs on stock exchanges in London and Frankfurt. Four common shares of Sberbank will be equivalent to one ADR. 

BNY Mellon (Bank of New York Mellon) is serving as the depositary financial institution, while Sberbank is acting as the custodian in the ADR program itself.