The government owns 50% plus one share of Sberbank and reducing its stake would mean losing control
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Russia's government proposes to reduce its stakes in banks where the state owns more than a controlling interest, with the exception of Sberbank, the country's biggest lender, finance minister Anton Siluanov said on Tuesday.
The government owns 50% plus one share of Sberbank and reducing its stake would mean losing control. (Reporting by Reuters Editing by David Goodman)
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