It is unlikely now that Sberbank will be privatised before 2017, according to the bank's CEO, Herman Gref, since though the Russian government has supported its privatisation, President Putin thinks now is not the right time to do so. The Kremlin also wants a new law on foreign investment in Russia passed by next year, which would allow it to take control of major state-owned companies and other assets without having to go through parliament.
It is unlikely now that Sberbank will be privatised before 2017, according to the bank's CEO, Herman Gref, since though the Russian government has supported its privatisation, President Putin thinks now is not the right time to do so. The principal shareholder of Sberbank is Russia's central bank which holds 50% of the share capital plus one voting share.