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Ukrainian subsidiary of Russian Sberbank to cost $130 mln
15:04, 29 March 2017
Ukrainian subsidiary of Russian Sberbank to cost $130 mln

The sum is $14 mln smaller than the capital of the bank

15:04, 29 March 2017

Open source

The sale of the Ukrainian daughter subsidiary of the Russian Sberbank makes a little less than $130 mln. Commersant reported that citing their sources on March 29.

“It’s about #130 mln. The sum can be compared to the capital of Ukraine’s JSC Sberbank, which is $144 mln according to the international accounting for January – September of 2016. All the money shall arrive to the buyer right after the purchase agreement comes into its force,” the outlet writes.

The interviewees of the outlet informed that Sberbank was holding negotiations with these investors. Initially, a big sum was announced, but sanctions against Russian banks, introduced by Ukraine’s President Petro Poroshenko in the middle of March, and the activists blockade of the Sberbank offices in different cities of Ukraine affected the price.

Related: Sberbank new owner to change bank’s name

As it was reported earlier, the National Bank of Ukraine has not yet received any official notice from the potential investors regarding the purchasing of the PJSC Sberbank (Kyiv) or any other documents for the purchase of the qualifying shareholding,

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