All news

Putin signs law on acquisition of Sberbank’s ordinary shares by government

The law prescribes that acquisition of Sberbank’s shares will be made within the framework of investing money from the National Wealth Fund
A statue of Nikolai Kristofari (1802-1881), the first depositor of Russia's first Sberkassa (savings bank), outside Sberbank headquarters on Vavilova Street Sergei Fadeichev/TASS
A statue of Nikolai Kristofari (1802-1881), the first depositor of Russia's first Sberkassa (savings bank), outside Sberbank headquarters on Vavilova Street
© Sergei Fadeichev/TASS

MOSCOW, March 18. /TASS/. Russian President Vladimir Putin signed a law on acquisition of 52.3% of ordinary shares in Sberbank by the government from the Bank of Russia. The document was posted on the official website of legal information on Wednesday.

The law prescribes that acquisition of Sberbank’s shares will be made within the framework of investing money from the National Wealth Fund (NWF).