MOSCOW – Sberbank has started talks on the sale of its Ukrainian subsidiary, Sberbank (Ukraine), still with several investors, a source with knowledge of the negotiations told Interfax.
“The announcement of the deal with Said Gutseriev and Grigory Guselnikov triggered maximum interest in the asset. Since then Sberbank has received several new and attractive proposals on the sale of the bank and is now holding several negotiation processes in search of the most favorable conditions for them,” the source said.
On June 30, information emerged that Belarusian businessman Victor Prokopene could buy Sberbank (Ukraine).
On March 27 Sberbank announced plans to sell 100% of its Ukrainian subsidiary bank to a consortium of investors including Latvia’s Norvik Bank, owned by Grigory Guselnikov and a Belarusian private company, owned by Said Gutseriev, son of Russneft owner Mikhail Gutseriev. Sberbank of Russia officially announced that it is pulling out of the Ukrainian market and expects the deal to be concluded in H1 2017.
