CFO: Russia’s Sberbank may sell stakes in Visa, Mastercard - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CFO: Russia’s Sberbank may sell stakes in Visa, Mastercard

MOSCOW, Dec 13 (PRIME) -- Russia’s biggest lender Sberbank can sell its stakes in international payment systems Visa and Mastercard, but it is early to speak about it yet, Deputy CEO and CFO Alexander Morozov told reporters Tuesday.

“It is too early to speak about it today. As any asset that we own, we have a possibility to sell it on the market,” he said.

“A decision has not been made as of today. Once it is made, we will announce it,” he said.

Sberbank does not disclose its stakes in Visa and Mastercard, Morozov said.

End

13.12.2016 19:12