Date: 4 months ago   Category: Finance

Sberbank does not plan to buy Alfa-Bank — Rambler News Service


Sberbank does not plan to buy Alfa-Bank, the head of Sberbank German Gref told journalists. "We do not buy banks. It does not seem to me the good idea if we buy something. I in every possible way support the idea of the competition. Alfa-Bank good bank, and it is private bank, it has to remain. Such competitors are necessary to us. We will definitely not buy", - he told. Earlier Financial Times reported that owners of Alfa-Bank discussed possible sale to credit institution with VTB and UniCredit banks. According to edition sources, the chairman of the supervisory board of Alfa Group Mikhail Friedman estimated Alfa-Bank at $7-8 billion that corresponds to its book value in $7.1 billion. According to the edition, "any of informal discussions did not promote", discussion with UniCredit began and came to the end more than a year ago, and discussion happened to VTB several months ago. The press service of Alfa-Bank categorically quashed "rumors about sale". "No negotiations existed and it is not conducted" — said in the press service of bank.

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