The Bank has denied the cash-strapped sell their “daughter” in Ukraine

Sberbank has denied reports that the deal to sell his “daughter” in Ukraine structures Grigory Guselnikova and said Gutseriev is non-cash in nature.

“The fact that the deal to sell PJSC “savings Bank” (Ukraine) the cash component, does not correspond to reality. In the framework of the signed agreements the terms of the deal were not disclosed,” — said the representative of the savings Bank.

Later information about the cash-strapped nature of the transaction is denied and controlled by Guselnikova NorvIk Bank.

“In accordance with the agreements regarding the deal we are not at liberty to reveal its terms. Published in “Novaya Gazeta” information is completely untrue, so we can’t comment on them”, — said the representative of NorvIk Bank.

Earlier Friday, the “Novaya Gazeta” reported that the deal with Sberbank consortium, whose majority shareholder will be controlled by the Gutseriev said the Belarusian company, will be held in the form of an exchange of assets.

According to the newspaper, in exchange for 100% of the Sberbank of Russia JSC (Ukraine) buyers will give a number of Russian assets Gusel’nikova, including 98% of shares in JSCB “Vyatka-Bank”, hotel “Hilton” in Ekaterinburg and land in the suburbs.

About the imminent sale of the “daughter” of Sberbank in Ukraine became known in the end of March 2017. On 5 April, the head of Sberbank German Gref explained the rapid choice of the buyer that interested in selling the “daughter” of Sberbank were not so many options.

“There wasn’t a lot of candidates, frankly,” explained President and Board Chairman of Sberbank reporter .