We are talking about Russian banks: Sberbank and VTB.
The Chairman of the Bank of Russia Elvira Nabiullina said the possibility of the privatization of the Russian Sberbank and VTB, after the consolidation of the banking sector in the country. She said this in an interview with German newspaper Handelsblatt.
With her words, in Russia done most of the work and the financial system is largely healthy.
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However, the privatization of state banks Sberbank and VTB may only occur after the consolidation of the sector and once restored public confidence in private banks, she added.
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