Sberbank unlikely to be privatised now prior to 2017 says CEO
It is unlikely now that Sberbank will be privatised before 2017, according to the bank's CEO, Herman Gref, since though the Russian government has supported its privatisation, President Putin thinks now is not the right time to do so. The principal shareholder of Sberbank is Russia's central bank which holds 50% of the share capital plus one voting share.
"I think that there will be no privatization either this year, or the next one, but we’ll see after that. Of course, we need to take into account that we are under sanctions right now and it would be quite difficult to privatize us," Gref said in an interview with the Russian Izvestia newspaper.

The CEO stressed that privatization needs to be supported by a relevant political decision.