Wednesday, June 1, 2011

"Savings Bank" will go to the people after 2016

The Government has approved a plan of privatization of state property for the next five years. Authorities want to partially or completely sold to private hands nine hundred businesses totaling $ 1.8 trillion rubles. Among others, the hammer and leave the shares of Sberbank. Currently the state owns 60.25% of voting shares. It is likely that by 2013 it will be sold no more than 10% of the securities of the bank. This is evidenced by Deputy Finance Minister Alexei Vyugin, who said that the government will retain a controlling stake in a credit institution until 2016. Then the possible sale of another package, which resulted in the state would lose control over the bank. Gradually, the power will be sold and the second largest bank in the country "VTB". In the next two months can be sold 10% stake in the company. Was previously disseminated information that these credit institutions are interested Arab sheikhs. President of the Bank, Andrei Kostin, said at a forum "Russia is calling!" That good of privatization is "ready to sing any song."

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