The buyer of the Austrian subsidiary bank is a company controlled by Stefan Zochling.
“Group Sberbank announced the closing of a transaction for the sale of 100% of the shares in the Austrian subsidiary Sber Verm gensverwaltungs AG in Abwicklung (formerly Sberbank Europe AG) to an Austrian company controlled by Stefan Zochling. so, Sberbank has completely withdrawn from the European banking market.
It noted that all necessary regulatory approvals have been obtained for the transaction.
The First Deputy Chairman of the Board of the Bank Alexander Vedyakhin said that Sberbank “focused on developing financial services in Russia, where it has 106 million customers, and in promising friendly countries.”
Earlier it was reported that Raiffeisen Bank International group is planning, with Sberbank asset swap operations in Russia and Austria.
Remember that in May Sberbank RF opened a regional branch in temporarily occupied Sevastopol.
Source: korrespondent
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