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Sberbank Might Bring Part of its Ecosystem to IPO in 2023

September 3, 2021, 16:48 (UTC+3)|

Sberbank is considering the possibility of launching an IPO of its subsidiaries in 2023, the CEO of Sberbank Herman Gref said this at the Eastern Economic Forum. He did not specify the companies for listing on the stock exchange.

Earlier, the First deputy CEO of Sberbank Lev Khasis said that a number of companies in the Sberbank ecosystem would go public. According to him, the bank expects income from investments and further partnerships.

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Herman Gref, the CEO of Sberbank

Lev Khasis, the First deputy CEO of Sberbank

Since the beginning of 2021, Sberbank has invested $1 billion (73 billion rubles) in non-financial business companies, which makes around 11.5%, or $8.6 billion (630 billion rubles), of the bank's net profit for the first half of the year.

Original (in Russian)


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