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Sberbank will approve strategy on work in China in 2014 - mass media

In 2010 Sberbank opened the office in China and said it intended to expand its presence on China’s market - deputy chairman of the board

DAVOS, January 23. /ITAR-TASS/. Within 2014 Russia’s Sberbank will work out a strategy to enter China’s market, Sberbank deputy chairman of the board Sergei Gorkov said in an interview with Bloomberg at the World Economic Forum in Davos.

In 2010 Sberbank opened the office in China and said it intended to expand its presence on China’s market, Gorkov said.

Sberbank Europe will work to develop business in the Czech Republic, Slovakia and Serbia, he said, adding that Sberbank was planning to open 20 offices in the Czech Republic and expand its presence in Slovakia.