Finland, Russia have no serious problems in their relations — top diplomatWorld February 27, 21:49
Brazil's joyful carnivalSociety & Culture February 27, 21:30
Syrian opposition has no dialog partner seeking peace — chief negotiatorWorld February 27, 20:37
About 40 Arctic projects may be in Russia's Yamal backbone zone — governorBusiness & Economy February 27, 19:28
Russian Defense Ministry forms special purpose division near MoscowMilitary & Defense February 27, 19:13
Russian frigate in Mediterranean to deliver no strikes on terrorists in Syria — sourceMilitary & Defense February 27, 18:54
First stage of Arkhangelsk deepwater port to go operational by 2025Business & Economy February 27, 18:45
Cairo group says military option in Syria 'ruled out' after recapture of AleppoWorld February 27, 18:31
Communication breakdown between Russia and EU deters fight against real threats — MPRussian Politics & Diplomacy February 27, 17:40
BERLIN, November 23. /TASS/. The head of Russia’s largest savings bank Sberbank German Gref called for the privatization of the bank a smaller involvement of the state in the Russian economy.
In an interview with the German newspaper "Handelsblatt" Gref said: "The Central Bank could keep 25% during the transitional period. But in principle, nobody opposes a full privatization of Sberbank. In our case private shareholders are large investment funds. In terms of banking, they can better control the management of the company."
Gref also said that the involvement of the state in the Russian economy is too high, and "privatization would make our country much more efficient."
As of April 20, 2015, Russia’s Central Bank is the largest shareholder of Sberbank (50% + 1 share). The share of non-resident legal entities in the capital of the bank is 43.26%, private investors hold 3.91%.