According to Finance Minister Anton Siluanov, the list of 30 companies with state participation for possible privatization includes mostly large banks. The head of the Ministry of Finance talked about this in an interview with the TV channel “Russia 24”.
According to Siluanov, the list includes banks in which the state has a majority stake. In particular, we are not talking about Sberbank, where the state share is 50% plus one share.
“We did not propose to reduce the state’s contribution share from there,” the minister said.
According to him, other banks with heavy state participation were also included in the list. Previously, Sberbank’s president German Gref announced that 25% of the bank’s shares could be privatized. According to him, this will increase the attractiveness of the stock market and revenues can be transferred to infrastructure projects.
Siluanov in early December reported on submitting to the government a list of approximately 30 state-owned companies for possible privatization. The initiative still needs to be discussed.
Previously Russian officials decided Don’t privatize big companies.