Rus News Journal

SPO the Savings Bank the Conjuncture
the President of the Savings Bank Herman Gref is again postponed

considers that now the adverse moment for SPO. Now - is not present, - mister Gref in a course a press - a briefing has told yesterday following the results of supervisory board session. - it is quite possible that we will place in the first half of the year, the same probability that in the second, and is not less probable that next year . As he said, shareholders did not consider and decisions on terms of carrying out SPO did not make. Before news agency referring to sources in financial circles have informed that the Savings Bank intends to begin road show on placing 7,6 - a percentage share holding of the Savings Bank belonging to the Central Bank, on April, 16th. According to the source close to the Savings Bank, road show it is really planned on the middle of April and on its results the bank will be defined with necessity of carrying out SPO proceeding from demand for papers and the prices. Originally privatisation of actions of the Savings Bank has been planned for September of last year. On the threshold of this event the bank has spent road show in the basic markets of the capital, however has made decision to postpone privatisation without day from - for a difficult situation in the world financial markets and in Russia. department of the finance