Reuters reported the plans of Sberbank to save on rent in the centre of Moscow

In the coming months, Sberbank will transfer some employees from the business center “Romanov Dvor” in Moscow in the head office in the street Vavilov, writes Reuters, citing sources.

According to the Agency, Sberbank rents of 5.7 thousand sq. m in BC “Romanov Dvor”, the annual rental costs for these premises amounted to $5.4 million.

One of interlocutors of Agency told that on Vavilov street will relocate most of the employees of investment banking Department of Sberbank CIB.

“Combining under one roof will allow to optimize business processes Sberbank CIB with other divisions of the Bank and its largest customers”, — said the Agency representative of the unit.

In a press-service of Sberbank said that the Bank optimizes expenses, and moving Sberbank CIB is “a matter of time.”

Analysts and traders will remain until work in the business center “Romanov Dvor”, while the other divisions of Sberbank CIB will move in November-December, said the source Agency.