Gref hopes that Sberbank will not have to curtail business in Ukraine
The head of Sberbank German Gref hopes that the largest Russian Bank does not have to curtail business in Ukraine.
" very hopeful that there will be no need to leave the market of Ukraine - editor). Very hope that the situation in Ukraine will be resolved, " said Gref, speaking at the annual meeting of shareholders.
at the end of may, Deputy Chairman of Sberbank Alexander Morozov said that as long as the savings Bank has no losses, directly connected with the situation in Ukraine in the first quartile of subsidiary the Bank has formed reserves for impairment of loans to the amount of over UAH 1 billion (about 3 billion rubles). According to Morozov, if the situation in Ukraine will not worsen, stocks will suffice.
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