Nabiullina: the control of the state in Sberbank important for investors

Nabiullina: the control of the state in Sberbank important for investors


The credibility of the savings Bank depositors is based on the fact that the controlling stake belongs to the state, said the head of the Central Bank of the Russian Federation at the meeting with the President of Russia, answering his question about the possible privatization of Sberbank.

MOSCOW, 29 Jan. The trust of depositors to the savings Bank based on the fact that the controlling stake in the Bank belongs to the state, it needs to be maintained, said the head of the CBR Elvira Nabiullina.

The Minister of economic development Alexey Ulyukayev at the beginning of the year offered to return to the discussion on privatization of the largest Russian banks — Sberbank and VTB, which, in his opinion, will allow to improve the situation with capitalization of the banking system. The share of the Central Bank in the authorized capital of Sberbank is 50% +1 share, of legal entities – non-residents — 43,26%, legal entities-residents — 2,83%, private investors — of 3.91%.

“Confidence to Bank depositors is based on the fact that the controlling stake belongs to the state. The performance of sociological researches”, — said Nabiullina at a meeting with Russian President Vladimir Putin, answering his question about the possible privatization of Sberbank.

“At this time, the control package must be saved”, — said the head of the Central Bank.