PJSC Sberbank - structure, transcript

One of the largest banks in Russia is PJSC Sberbank - the abbreviation stands for "Public Joint Stock Company". In 2015, it topped the rating of financial institutions in terms of capital and in terms of equity deposits of private users. In this article, we will consider what a public joint stock company is, why the form of ownership is changing, and when Sberbank became PJSC.

PJSC management organization

Sberbank, according to the official provision of the Civil Code of the Russian Federation, adopted this form of ownership on 08/04/2015. These changes in the legislative form apply to all JSCs. However, no specific time frame for changing status has been set. The main thing is that gradually all JSCs should be transferred to the form of PJSC.

PAO structure - what is it?

The government justification for this need is dictated by increased control over all types of joint-stock companies. Including the annual audit of the accounting of enterprises. The governing body is inclined to believe that the procedure will make it possible to reduce, if not completely eliminate the risks associated with maintaining the so-called double (black) bookkeeping.

The main difference between a PJSC is the absence of restrictions on the number of securities that can be at the disposal of one user.

In addition, there is no limit on the number of votes assigned to a share of one shareholder. That is, in fact, this form of ownership allows only one person to own the enterprise.

A number of other significant differences between PJSC and OJSC include:

1. When a company goes bankrupt, shareholders are not exposed to special risks, since they are only responsible for the funds spent on the purchase of securities.
2. The liability of PJSC shareholders is subsidiary. When the property of the enterprise is not enough, shareholders who influence the management of the bank are liable for direct obligations (provided that the bankruptcy was provoked by the efforts of members of the community).

Otherwise, there is practically no difference between OJSC and PJSC Sberbank (decoding and structure are given above).

What has changed after changing the form of ownership of Sberbank to PJSC?

Several clauses were added to the set of Sberbank rules explaining the principle of interaction under the condition of a new organizational form, and several sections that were no longer relevant were removed.

Two copies of the Articles of Association, together with the minutes of the shareholders' meeting and the statement of the statutory form, were sent to the tax organization. After PJSC Sberbank officially changed its name, the bank performed a number of actions:

1. Changed the seal.
2. Made adjustments to the name on the website, signs and mailbox.
3. Warned the entire client base about the adoption of a new form of ownership, made appropriate changes to the details in the process of paperwork.
4. At the request of counterparties, invoices and contractual agreements are reissued.

After the form of ownership changed, bank details also changed, as well as all other parameters: PSRN, BIK, TIN.
Correspondent accounts, phone numbers and addresses remained the same. At the same time, certain types of documentation (accounts, administrative and settlement papers), in which the name remained the same, turned out to be illegal.

The exceptions were:

• previously issued checkbooks. They can be used;
• agreements, powers of attorney and contracts. They will be in effect until the expiration date;
• Sberbank fulfills its obligations to customers and counterparties under normal conditions;
• customers fulfill their obligations to the bank in the same manner.

Details of PJSC Sberbank

All details of Sberbank

A complete list of details of managers and departments is on the bank's page .