Public joint-stock company "Sberbank Russia" sold affiliated bank to Turkey

Public joint-stock company "Sberbank Russia" sold the Turkish daughter – Denizbank, as the buyer of 99,85% of structure Emirates NBD Bank PJSC acted, is spoken in the joint press release of the parties about transaction end. In April of the party concluded the agreement under which the Dubai bank will pay for 99,85% of the stocks Denizbank to Public joint-stock company "Sberbank Russia" 15,48 billion Turkish liras ($2,7 billion at the rate of June 28). At the end of June regulators of three countries (Turkey, Russian Federation and United Arab Emirates) approved this transaction...