Dvorkovich ruled out the privatization of the savings Bank in 2016

The savings Bank will not be privatized in 2016, said in an interview with CNBC, Deputy Prime Minister Arkady Dvorkovich.

“We do not plan to sell a stake [of a state] in Sberbank this year. It is not discussed”, — said Dvorkovich.

At the same time, the authorities “began to prepare” for the privatization of other companies. This includes both financial, and logistics and the fuel sector. “To prepare the markets will need some time,” said the official.

Proposals to privatize Sberbank acted, in particular, its head German Gref, Minister of economic development Alexei Ulyukayev. In November, Gref said that the Russian government is taking “too involved in the economy.” He called for “full privatization of Sberbank”, however, in his opinion, during the transition period the Central Bank must keep 25% of the shares. As private shareholders Bank, says Gref, could be large investment funds. “From the point of view of the development of banking they can better control the management of the company,” he said.

January 13, the speaker proposed to return to the issue of privatisation of the two largest banks — Sberbank and VTB. Partial privatization and partial placement in favor of will allow companies to fundamentally change the situation from the point of view of capitalization of the domestic banking sector, the Minister said.

In turn, President Vladimir Putin said that in the near future the government does not intend to privatize the savings Bank. Thus he supported the position of the head of the Central Bank Elvira Nabiullina, who called the Bank’s privatization is premature. Putin stressed that the authorities will not consider the issue of privatization of the savings Bank during the relevant plan for 2016.