Back in March, the head of the Russian lender, German Gref, said he was satisfied with Sberbank’s business in Turkey and that he saw good opportunities to grow there. Sberbank is considering the sale of its Turkish unit , as the tension between Russia and Turkey continues to grow . While the Turkish branch remains profitable with potential for growth , Sberbank 's decline follows the entry of Abraaj Group into the Turkish banking market .
Sberbank is considering the sale of its Turkish unit , as the tension between Russia and Turkey continues to grow . While the Turkish branch remains profitable with potential for growth , Sberbank 's decline follows the entry of Abraaj Group into the Turkish banking market .