Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
MOSCOW, November 15. /TASS/. Sberbank is considering an opportunity of selling shares in Visa and MasterCard in 2017, Deputy Chief Executive Officer of the bank Alexander Morozov said on Tuesday.
"We want to sell our shares of Visa and MasterCard international payment systems. We may hold these transactions in 2017 but everything will depend on the market," Morozov said.
Sberbank did not detail what stakes in Visa and MasterCard are at the bank’s disposal.
MasterCard completed the IPO and turned into a stock company in 2006 and Visa in 2008. Banks that were members of these systems and the largest issuers of their cards were bound to purchase their shares.