Even at the price of 35 dollars per barrel, Sberbank will not need assistance from the state, said the head of the largest Russian Bank Herman Gref.
MOSCOW, Dec 15. Sberbank none of the scenarios now under consideration will not be required in 2016 assistance from the state, even in the case of oil price of 35 dollars per barrel, said the head of the largest Russian Bank Herman Gref. According to him, government support may be needed in the event of an economic collapse.
“As for next year yet, but I’m afraid to promise, in none of the scenarios of our us development capital from the state is not required. But we don’t know what will happen tomorrow and how can the situation develops. If there is some sort of economic collapse, I can’t say that it is impossible to happen other situation. Even at the price of 35 dollars (per barrel — ed.) do not need any help (from the state — ed.) but once again — I’m afraid to promise,” said Gref to journalists following the meeting of the Supervisory Board.