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Putin very pleased with sale of Sberbank share package

September 19, 2012, 18:18 UTC+3
Ten banks around the world have joined the list of Sberbank shareholders, its CEO German Gref said
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PAVLODAR, September 19 (Itar-Tass) —— Russian President Vladimir Putin is very pleased with the sale of a Sberbank share package. “For each 100 dollars invested ten years ago the main shareholder, Sberbank, received 3,700 dollars,” Putin told Russian media. He said the transaction was one of the world’s most profitable ones of late.

Putin believes this is a sign of a major potential.

Ten banks around the world have joined the list of Sberbank shareholders, its CEO German Gref said. Some of them had never made investments in Russia before. As Sberbank’s First Deputy CEO Anton Karmazin said, institutional investors had filed 330 applications.

CBR First Deputy President Alexei Ulyukayev sees this as evidence of tremendous interest.

“This is a sample transaction, which is largely a reason for investors to make decisions to invest in Russia,” he said.

A packager of Sberbank shares has been placed in London and Moscow for 93 rubles a piece.

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