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Sberbank Ukraine subsidiary sold off for less than its capital
Journal Staff Report

KIEV, March 29 – The deal to sell the Ukrainian subsidiary of Russia's Sberbank cost slightly less than its capital - about $130 million, the Kiev-based 112.ua TV channel reported with reference to the Russian publication Kommersant.

"We are talking about $130 million, which is comparable with the capital of the Ukrainian PJSC Sberbank, which according to its international reporting for January-September 2016, was $144 million. According to Kommersant sources, all funds will be transferred to the buyer as soon as the sales contract enters into force," the publication said.




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