Sberbank of Russia PJSC (Sberbank of Russia PJSC) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is Sberbank of Russia PJSC Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Sberbank of Russia PJSC's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

Sberbank of Russia PJSC Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Sberbank of Russia PJSC's Mortgage Backed Securities (USD Mil) can be seen below:

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Sberbank of Russia PJSC Mortgage Backed Securities (USD Mil) Chart

Sberbank of Russia PJSC (OTCPK:AKSJF) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

Sberbank of Russia PJSC Mortgage Backed Securities (USD Mil) Related Terms

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Sberbank of Russia PJSC (Sberbank of Russia PJSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sberbank of Russia PJSC (OTCPK:AKSJF) » Definitions » Mortgage Backed Securities (USD Mil)

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Traded in Other Exchanges

SBERP:Russia SBER:Russia

Address

19 Vavilova Street, Moscow, RUS, 117997

Website

http://www.sberbank.ru

Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.