Sberbank Europe AG, headquartered in Vienna, is a banking group that is 100% owned by Sberbank Russia. Since Sberbank Russia acquired Volksbank International (VBI) in 2012 and rebranded it into Sberbank Europe, major steps have been taken to gradually transform Sberbank Europe into a fully-fledged, self-funded and profitable universal bank with a strong focus on retail and corporate customers. Sberbank Europe is present in 8 markets in Central and Eastern Europe: Austria, Bosnia and Herzegovina (Sarajevo and Banja Luka), Croatia, Czech Republic, Germany, Hungary, Slovenia and Serbia. As of 30 November 2017 (excluding VS Bank in Ukraine, which was sold in December 2017) Sberbank Europe operated 190 branches and had over 4,000 employees across CEE. As an integral part of one of the largest, fastest growing and most dynamic financial providers in the world, Sberbank Europe aims to build sustainable bridges between Russia and the European markets.