23 May 2012 | 17:09

Sberbank has no interest in buying stakes in Kazakhstan banks

viewings icon comments icon

ПОДЕЛИТЬСЯ

whatsapp button telegram button facebook button

Sberbank of Russia is not interested in buying stakes in Kazakhstan-based banks, Newskaz.ru reports, citing Sberbank's CEO Herman Gref as saying May 23. Though, Sberbank was considering purchasing a stake in the bailed out BTA bank following the latter’s first debt restructuring. The ultimate decision at that time was that “Sberbank’s management sees no possibility to buy the [BTA] bank”. Tengrinews.kz reported earlier, citing Mr. Gref as saying at his talks with President Nazarbayev May 22, that Sberbank is striving to become a key bank in Kazakhstan. “We are constantly growing our presence in Kazakhstan and have no intention of buying any assets. Sberbank’s Kazakhstan subsidiary is quite large and we no longer need acquisitions”, KazTag Agency reports, citing Mr. Gref as saying on the sidelines of the V Astana Economic Forum May 23. Sberbank’s investments into the real sector in 2011 totaled $2.7 billion, with the overall figure since 2008 standing at over $6 billion. The Kazakhstan subsidiary’s net profit in 2011 made up $74.8 million, 4.2 times up against 2010. As of the end of Q1 2012, Kazakhstan-based Sberbank was ranked 6th by assets.

whatsapp button telegram button facebook button copyLink button
Иконка комментария блок соц сети
Sberbank of Russia is not interested in buying stakes in Kazakhstan-based banks, Newskaz.ru reports, citing Sberbank's CEO Herman Gref as saying May 23. Though, Sberbank was considering purchasing a stake in the bailed out BTA bank following the latter’s first debt restructuring. The ultimate decision at that time was that “Sberbank’s management sees no possibility to buy the [BTA] bank”. Tengrinews.kz reported earlier, citing Mr. Gref as saying at his talks with President Nazarbayev May 22, that Sberbank is striving to become a key bank in Kazakhstan. “We are constantly growing our presence in Kazakhstan and have no intention of buying any assets. Sberbank’s Kazakhstan subsidiary is quite large and we no longer need acquisitions”, KazTag Agency reports, citing Mr. Gref as saying on the sidelines of the V Astana Economic Forum May 23. Sberbank’s investments into the real sector in 2011 totaled $2.7 billion, with the overall figure since 2008 standing at over $6 billion. The Kazakhstan subsidiary’s net profit in 2011 made up $74.8 million, 4.2 times up against 2010. As of the end of Q1 2012, Kazakhstan-based Sberbank was ranked 6th by assets.
Читайте также
Join Telegram Последние новости
The Moon is calling: New lunar mission
Wolf attacked man in Atyrau region
Euronews office opened in Astana
Earthquake recorded in Zhambyl region
Tokayev sent telegram to Qatar’s Emir
A New Year gift guide for her
Tokayev expressed condolences to Macron
Bitcoin exchange rate hit a new record
Лого TengriNews мобильная Лого TengriSport мобильная Лого TengriLife мобильная Лого TengriAuto мобильная Иконка меню мобильная
Иконка закрытия мобильного меню
Открыть TengriNews Открыть TengriLife Открыть TengriSport Открыть TengriTravel Открыть TengriGuide Открыть TengriEdu Открыть TengriAuto

Exchange Rates

 523.72  course down  543.16  course up  5.1  course up

 

Weather

 

Редакция Advertising
Социальные сети
Иконка Instagram footer Иконка Telegram footer Иконка Vkontakte footer Иконка Facebook footer Иконка Twitter footer Иконка Youtube footer Иконка TikTok footer Иконка WhatsApp footer