18 Feb 2011 13:09

City could sell Bank of Moscow stake in March - Sharonov

MOSCOW. Feb 18 (Interfax) - The City of Moscow could close the sale of its stake in bank of Moscow as early as March, the city's deputy mayor, Andrei Sharonov, told reporters.

"The deal will be closed in the next few weeks, I reckon in March," Sharonov said.

He did not specify whether the stake would be sold to VTB or another buyer.