Sale of Sberbank will probably be delayed by Bank of Russia

RUSSIA / FSU POLITICS - In Brief 03 Mar 2020 by Alex Teddy
On March 2 the Bank of Russia (CBR) suggested that selling Sberbank should be postponed from June 1 to December 1. The 6 month delay is due to coronavirus. CBR plans to sell the 50% stake that it owns in Sberbank. Sberbank's shares have plummeted 10% since February 11.

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