BNY Mellon (BK) Becomes Depositary Bank for Sberbank's ADS Program

June 28, 2011 6:37 AM EDT
BNY Mellon (NYSE: BK) has been appointed by Sberbank as the depositary bank for its American depositary receipt (ADR) program.

One Sberbank ADR represents four ordinary shares. The ADRs trade on the over-the-counter (OTC) market under the symbol "SBRCY." Sberbank's ordinary shares trade on MICEX under the symbol "SBER03" and on RTS under the symbol "SBER."

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