Sberbank Europe AG (formerly Volksbank International AG) is the European division of Sberbank of Russia, one of the leading financial institutions worldwide. The Bank manages a banking network of 9 banks in 8 Central and Eastern European (CEE) countries : Slovakia, Czech Republic, Hungary, Slovenia, Croatia, Bosnia-Herzegovina, Serbia, and the Ukraine. Sberbank Europe operates a network of over 290 branches and employs nearly 4,200 people. Total assets: C 9.6 billion (as of September 30, 2012).