Russia's central bank said, 1,713,000,000 ordinary shares representing approximately Savings Bank plans to sell 7.58% of the equity. At present, the Russian Savings Bank's share price of 97 rubles per share (U.S. $ 3.1). In accordance with the price, the sale of shares to more than 5 billion U.S. dollars.
 
Russian savings bank asset size accounted for approximately 30% of the total assets of the Russian banking system, the Central Bank of Russia is its largest shareholder, a stake of approximately 60%. After the completion of the sale, the stake of the Russian Central Bank in the Savings Bank will be reduced to 50% plus one share.

The Russian central bank has appointed Credit Suisse, Goldman Sachs, JP Morgan Chase, Morgan Stanley and the Russian trio dialogue "as equity sale transaction of the Joint Global Coordinators and Joint Bookrunners. Russian Savings Bank in Moscow, London and New York from 17 roadshow.
The end of 2010, the Russian government approved a new round of state-owned enterprises privatization program announced reduction of 10 shares of large state-owned enterprises and state-owned banks, including savings banks. According to the plan, the Russian government was originally scheduled to be sold in 2011, 7.6% of the shares in the savings bank owned by the Russian Central Bank, savings bank equity configuration to optimize and get the long-term, stable investors.
 
However, due to the downturn in the international capital markets in 2011, together with Russia make up for the decline in demand of the fiscal gap through privatization, the Russian Government to suspend the implementation of the large-scale privatization of state-owned enterprises, including Russia Savings Bank.
 
In 2012, the Russian government has repeatedly said that if the market situation improves, the Savings Bank is expected to be completed this year, the stake sale. In June this year, the Russian government by the state-owned privatization amendment, will soon complete the sale of the Russian Savings Bank 7.6% stake in Hyundai Merchant Marine AG 25% minus 1 share, a 10% equity interest of 49% stake in joint cereal companies and the Russian Nanotechnology Group and other transactions.



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