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Sberbank of Russia Tries to Sell the Ukrainian "Daughter" Again

  • Sberbank of Russia Tries to Sell the Ukrainian Daughter Again

MOSCOW (FNI) - The head of Sberbank of Russia Herman Gref announced the fourth attempt to sell the Ukrainian subsidiary bank.

According to him, Sberbank plans to develop business in Kazakhstan and Belarus, and not in Europe.

"Ukraine is a separate story, we have already made three attempts to sell the bank. Now we will make the fourth attempt. Let's hope that this time it will be successful. We plan to reduce our presence in Europe and develop our business in Kazakhstan and Belarus, "Gref said in an interview with Russia 24 television channel.

On Wednesday, March 28, the National Bank of Ukraine announced the refusal of the Belarusian "Parity Bank" in the purchase of "daughter" of "Sberbank" in Ukraine.

"Sberbank" announced the sale of the "daughter" in Ukraine in December 2017.


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