Gref doubted the possibility of privatization of the Savings Bank in the coming two years – RBC

According to the head of Sberbank German Gref, Sberbank’s privatization should not be expected in the next two years. He stated this in an interview with

«News».

«While I think that neither in this nor in the privatization will not be next year, and then we’ll see. Of course, keep in mind that while we are under sanctions, to privatize us will be difficult, “- said Gref

He said the bank’s management supports the sale of the share of the Central Bank.. Gref also said that privatization issues are political.

«The Government of” for “, but the president said that until the time has come … Of course, you need a political decision to launch privatization. While it is not and it is not visible, and discuss the details of the share does not make sense “- said the head of Sberbank

A similar opinion was expressed by Deputy Prime Minister Arkady Dvorkovich.. In an interview on CNBC, he also said that this year the state has no plans to sell a share of the credit institution.

At the end of 2015 Gref called for a “full privatization” of the bank. In January 2016 a proposal to privatize the Savings Bank also made Minister of Economic Development Alexei Ulyukayev. He said that this will help to make a difference in terms of the capitalization of the domestic banking sector.

However, in late January, Russian President Vladimir Putin during a meeting with the heads of the Central Bank and Ministry of Finance said that the government in the near future has no plans to privatize credit institution. Now the Bank of Russia owns 50% plus one share of Sberbank.