Sberbank awards major contract to OSG Records Management

21 December, 2011 OSG Records Management is pleased to announce it has signed an agreement to store and process documents for Sberbank, Russia’s largest bank. The agreement was signed last week by the vice-president of the West Ural Sberbank Alexander Pylev and the President of OSG Records Management Krzysztof Bobrowski.

Sberbank has 17 regional head offices and more than 18,880 retail outlets. In January 2011, the bank accounted for 48% of retail deposits, 32% of consumer loans and 31% of corporate loans in Russia.

Sberbank office

The relationship in the Urals is a major step for both Sberbank and OSG Records Management and illustrates a growing trust in the range of outsourcing services provided by OSG. OSG’s team of archive experts has already indexed approximately 0.5 million individual files, these are now instantly available to Sberbank personnel through a secure online system. OSG is in the process of packing over 200,000 boxes of the bank’s documents, these will be moved to OSG’s purpose-built, secure document and data storage centres. It is anticipated that West Ural Sberbank will outsource more than 100,000,000 documents to OSG Records Management.

A large proportion of the original paper documents will digitised at one of OSG’s specialist document scanning centres. OSG has 25 such centres across Russia. The new e-documents will be placed on a secure database so that Sberbank staff can quickly access, share, edit or order retrieval of the original paper documents. The new system will speed up document workflow and so provide significant improvements in the bank’s operational efficiencies. These efficiencies will mean Sberbank customers will benefit from a better quality of service too.

Sberbank documents transported to osg Sberbank documents stored at OSG

OSG is recognised as an innovator of document solutions by the Russian banking industry. The company was awarded the Golden Lion during the Finance Awards in Russia 2010.

President of OSG Records Management Krzysztof Bobrowski commented:

We are delighted to enter in to a long-term relationship with Sberbank. We will work together to develop new systems and technology that will be used by Sberbank in the Urals and then across other regions to improve efficiency and performance. OSG continues to grow pan-Russian network of document and data storage  and processing centres extending from Petropavlovsk Kamchatsky to Kaliningrad. OSG is able to offer leading Russian companies such as Sberbank, unrivalled support in all major Russian cities.

 
Vice-president of the West Ural bank Alexander Pylev said:

This the first time Sberbank has outsourced its document storage and processing. OSG Records Management will help us with their archive expertise. This leaves us free to focus on our banking services and products.

The agreement was signed last week by the vice-president of the West Ural Sberbank Alexander Pylev and the President of OSG Records Management Krzysztof Bobrowski

NOTES

OSG is the leading provider of document and data management solutions for companies operating in the CIS and EU. With over 30 years of experience to draw from and award-winning levels of service, OSG continues to grow an impressive client base of top regional and international companies.

Sberbank is the largest credit institution in Russia and the CIS, accounting for 27% of the aggregate Russian banking assets and 26% of banking capital. In 2010, The Banker magazine, ranked Sberbank 43th in the world in terms of Tier 1 capital. The bank is a key lender to the national economy. In January 2011, Sberbank accounted for 48% of retail deposits, 32% of consumer loans and 31% of corporate loans in Russia. Sberbank has the largest countrywide branch network with 17 regional head offices and more than 18,880 retail outlets with about 241,000 employees. Elsewhere, Sberbank operates subsidiary banks in Kazakhstan and Ukraine and Belarus, has a representative office in Germany, a branch in India and is building a foothold in China.

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