Rus News Journal

The Central Bank is ready to leave the Savings Bank part in 2012.

the Central bank of the Russian Federation does not refuse privatisation of 7,6 % of actions of the Savings Bank in 2012., the head of department Sergey Ignatyev has informed, acting in the State Duma.
earlier, in the middle of March 2012., from informal sources it became known that the Savings Bank can begin road show within the limits of privatisation on April, 16th 2012. However the president of bank Herman Gref has not confirmed the given information, having noticed that placing with identical probability can take place as in the first or the second half of the year 2012., and next year. Besides, G.Gref has declared that the Savings Bank does not consider now SPO as it while has enough capital.
thus earlier the head of the Savings Bank and the first vice-president of the Central Bank Alexey Uljukaev marked, as the credit organisation, and a regulator are interested in carrying out SPO in case the State Bank stock value will come nearer to 100 rbl. for the action. By the current moment the price of the ordinary action of the Savings Bank placed on FB the Moscow Interbank Stock Exchange, makes 87,20 rbl.
Meanwhile the first vitse - prime minister Igor Shuvalov in the end of April 2012. Expressed opinion that possibility for privatisation of a share holding of the Savings Bank will appear in the summer - in the autumn 2012. We very much want, that it was 2012. Certainly, we will promote it - he has told. Before I.Shuvalov noticed what to delay privatisation of actions of the Savings Bank it is not necessary. By words vitse - the premiere, exists opinion that now not the best time for sale, as the market volatilen and consequently it is necessary to postpone privatisation on 2013 - 2014. I consider, to sell this year - I.Shuvalov summarised, having added that if this volatilnost will proceed, the reasons not to sell the Savings Bank state block of shares, will be as early as 5 years.
we will remind, in May 2011. Vladimir Putin, being the chairman of the government, has signed the order about privatisation of 7,58 % a minus one action of the Savings Bank. Thus the share of Bank of Russia in the Savings Bank authorised capital stock will decrease to level of 50 % plus one voting action. From - for adverse situations in foreign markets privatisation of a share holding of the Savings Bank has been postponed on 2012.
Open Society the Savings Bank of Russia - the largest bank in Russia, Central and the Eastern Europe on which share it is necessary about 30 % of actives of the Russian bank system and which totals about 240 thousand employees. The founder and the main shareholder of the Savings Bank is the Central bank of the Russian Federation owning over 60 % of voting actions. Other shareholders of bank are more than 245 thousand physical and legal bodies. The bank has the branched out filial network in Russia: 17 territorial banks, about 20 thousand Branches and internal structural divisions, and also affiliated banks in Kazakhstan, in Ukraine and in Belarus, branch in India, representations in Germany and China. Open Society net profit the Savings Bank of Russia for 2011. Under the international standards of the financial reporting (MSFO) has grown in 1,7 times in comparison with 2010. Also has made 315,9 mlrd rbl. against 181,6 mlrd rbl. year before.