KM Financial Solutions | UPDATE 1-Russia’s finance ministry buys 50% stake in Sberbank from central bank
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UPDATE 1-Russia’s finance ministry buys 50% stake in Sberbank from central bank

UPDATE 1-Russia’s finance ministry buys 50% stake in Sberbank from central bank

Russia’s Finance Ministry said
on Friday it had closed a deal to purchase a controlling stake
in Sberbank, the country’s largest lender, from the
central bank for 2.14 trillion roubles ($28.31 billion).

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