The Russian government plans to use the country's National Wealth Fund (NWF...
FILE PHOTO: Participants cast their shadows on a board with the logo of Sberbank at the St. Petersburg International Economic Forum , Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo
On Tuesday, Finance Minister Anton Siluanov said that Russia was discussing whether the central bank should continue to hold a controlling stake in the country’s largest lender Sberbank, confirming an earlier Reuters report. The first two sources did not say how much the government, via the Finance Ministry, was ready to pay for the central bank’s stake in Sberbank.
The Finance Ministry, which is managing the NWF, declined to comment. The central bank also declined to comment.
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