Russian government actually is trying to really consider using the National Wealth Fund to actually go ahead to buy Sberbank from the central bank of the country

in #zzan5 years ago

The Russian government is thinking about utilizing the nation's National Wealth Fund (NWF) to purchase the national bank's stake in Sberbank (MM:SBER), TASS office investigated Thursday, refering to Finance Minister Anton Siluanov.

Two sources acquainted with the arrangement told Reuters on Wednesday that the administration was thinking about utilizing the NWF, which is overseen by the money service, to purchase the national bank's stake in Sberbank.

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