Sberbank releases shares data
Chairman of the Sberbank of Russia Andrei Kazmin made a report at a banking seminar on Wednesday. That the Central Bank of Russia has a 57% share in Sberbank. The other remainder belongs to private shareholders. Foreign citizens make up 15% of the total share of private shareholders. Kazmin also reported that the bank had considerably increased its credit portfolio. Its amount exceeds 211 billion rubles (about $7.57 billion) now, 83% of which are credits to the real economy, Finmarket reports.
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