Sberbank wants to sell Turkish banks shares to Arabs

Baku. 30 January. REPORT.AZ/ Russia's Sberbank has started discussions with the United Arab Emirates' NBD Bank to sell shares in Turkish DenizBank. 

Report informs citing the TASS, Sberbank press service has  said.

It is reported that the discussions are at the initial stage and there is no clear information about the deal: Sberbank regularly monitors potential opportunities in the market. If serious changes are made, it will be announced”.

In turn, the Emirates' NBD Bank confirmed the news.

Notably, Sberbank's share in DenizBank is 100%. The Bank has 738 branches and 15,000 employees in 81 regions of Turkey and abroad.