Window for VTB privatization is likely to open in 2013 - Belousov
SOCHI. Sept 21 (Interfax) - Russian Economic Development Minister Andrei Belousov thinks that a possibility to privatize a stock of VTB shares will appear no earlier than in 2013.
"From my point of view, a window [for privatization] in fact will be next year," Belousov told journalists on the sidelines of the Sochi 2012 international investment forum on Friday.
"I think that Sberbank of Russia and VTB cannot be sold in one year," the minister said.
Commenting on whether there will be an additional issue of VTB stock before the end of the year, Belousov said the question involved was if there would be an additional stock issue or the sale of the government's holding - "it's technical," and the timing has not been determined. So, he said, the sale will take place next year, but did not say not exactly when.
