30 Jan 2018 09:31

Sberbank confirms talks with Emirates NBD on sale of DenizBank

MOSCOW. Jan 30 (Interfax) - Sberbank confirms that it has entered into talks with Emirates NBD regarding the sale of an equity stake in its Turkish subsidiary DenizBank, Russia's leading lender said in a press release.

"The discussion is at the initial stage. There is currently no exact information about whether a deal will take place," Sberbank said.

Sberbank also said it "regularly considers potential opportunities on markets" and that "further steps will be announced only in the event of significant changes."