Gref said there are no plans for the sale of Ukrainian “daughter” of Sberbank

Sberbank has no plans to sell the Ukrainian subsidiary and in the current year plans to restructure its loan portfolio. The journalists said the head of Sberbank German Gref, reports TASS.

“This year, I hope we will complete the restructuring of the portfolio [Ukrainian “daughter”] in the following year, the Bank will be profitable,” he said.

Earlier, the Chairman of Sberbank Alexander Morozov reported that the Ukrainian “daughter” doesn’t need capitalization, and the Bank is satisfied with her work. “Given the environment in which it operates a Bank, we believe that the capital there made quite decent for an adequate period of time, capitalization is not required. The capital adequacy ratio is adequate and consistent with the requirements”, — cited the words of Morozov, the Agency “RIA Novosti”.

In late may, “Kommersant” with reference to sources wrote about the intentions of the savings Bank to leave the market. According to the publication, in addition to Sberbank, the ability to sell subsidiary in Ukraine, VTB and Vnesheconombank. On 2 September, the press service of the savings Bank responded to the request of RBC, which plans to exit the business in Ukraine from financial institution no.

For the first half of 2016, the Ukrainian savings Bank received a loss of 3.03 billion hryvnia ($120 million).