Russia sells Ukrainian "daughter" of Sberbank to a consortium of investors with Russian roots

Russian Sberbank announces the conclusion of a legally binding agreement on the sale of PJSC Sberbank (Ukraine). This is stated in the message on the bank's website.

"The consortium of investors acquires 100% of shares of PJSC Sberbank (Ukraine) which is a subsidiary of PJSC Sberbank", - it says.

Norvik Bank (Latvia) and a Belarusian private company will be included into the Consortium.

"The corresponding legally binding agreement has been signed today. The buying-in is expected to be in the first half of 2017 after the financial and antitrust regulators of the relevant jurisdictions approve the deal, including Latvia and Ukraine", - the statement notes.

At the same time, according to the message of Norvik Bank, Russian businessmen Said Gutseriev and Grigory Guselnikov will become the new owners of the Ukrainian "daughter" of the scandalous bank.

Said Gutseriev, the main buyer of the bank, is the son of the owner of Russneft Russian oil company Mikhail Gutseriev. Norvik Bank belongs to the Russian businessman Grigory Guselnikov, who has a UK passport.

As previously reported, radical activists block the branches of the Russian "daughter" of Sberbank as a financial institution of the aggressor country.