Sberbank to prepare RDR program for another major company in Q1 2011
MOSCOW. Dec 17 (Interfax) - Sberbank Russia will prepare a Russian Depositary Receipt (RDR) program for another major company before the end of the first quarter of 2011, bank Deputy CEO Bella Zlatkis told journalists.
"We already have four potential orders, four major Russian companies. I expect that two of them will come out with this program soon," she said.
Zlatkis said information on at least one company that will issue RDRs will be disclosed before the end of the first quarter.