Cbank to transfer 1.05 tln rbl from Sberbank sale to budget by Jun - News Archive - 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

Cbank to transfer 1.05 tln rbl from Sberbank sale to budget by Jun

MOSCOW, Apr 20 (PRIME) -- RussiaТs central bank will transfer 1.05 trillion rubles from the sale of a controlling stake in top lender Sberbank to the budget by June 1, according to a government ruling released on Monday.

УTo establish that cash and claim rights ... are transferred to the federal budget and transferred to the treasury of the Russian Federation: until June 1, 2020 Ц in cash in the amount of 1.050 trillion rubles and in the form of claim rights up to 500.45 billion rubles,Ф the document said.

The remaining funds are to be transferred to the budget by December 1, 2023.

On April 9, the Finance Ministry closed a deal to buy the central bankТs stake in Sberbank for 2.139 trillion rubles. The government has already received 50% in Sberbank, while one share still remains with the central bank. The regulator explained this is necessary for signing of a shareholder agreement between the government and the central bank that is expected to be signed by May 10.

(73.9441 rubles Ц U.S. $1)

End %%ob/jst%%

20.04.2020 14:02
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 80.2689 -0.1445 11 jul
USD 71.2298 +0.3498 11 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1245.65 +0.91 18:50 10 jul
micex 2800.94 +0.67 18:50 10 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 200.70 +0.63 23:14 11 jul
lkoh 5094.00 +0.14 23:14 11 jul
rosn 364.20 -0.01 23:13 11 jul
sber 212.40 +1.57 23:14 11 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 80.1125 -0.1575 14:59 10 jul
USDTD 70.6675 -0.2200 17:44 10 jul