dChan
Anonymous ID: b5a887 Dec. 25, 2019, 10:06 a.m. No.7618518   🗄️.is đź”—kun   >>8873 >>8993 >>9078

Russian government plans to use rainy day fund to buy Sberbank from central bank: two sources

 

MOSCOW (Reuters) - The Russian government plans to use the country’s National Wealth Fund (NWF) to buy the central bank’s stake in Sberbank (SBER.MM), a state banker and a source familiar with the plan told Reuters on Wednesday.

 

On Tuesday, Finance Minister Anton Siluanov said that Russia was discussing whether the central bank should continue to hold a controlling stake in the country’s largest lender Sberbank, confirming an earlier Reuters report. The second source said that under the plan the central bank would transfer any profits it earned from the sale of Sberbank to the state budget. A third source, a well-placed financial market insider, said the same. The first two sources did not say how much the government, via the Finance Ministry, was ready to pay for the central bank’s stake in Sberbank.

 

The central bank currently owns 50% plus one share in Sberbank, which is worth 2.8 trillion roubles ($45.45 billion)based on Sberbank’s current market capitalization. The Finance Ministry, which is managing the NWF, declined to comment. The central bank also declined to comment. Oleg Osipov, spokesman for Prime Minister Dmitry Medvedev, told Reuters that the government was continuing to discuss the issue but that no final decision had been made.

 

https://www.reuters.com/article/us-russia-banks-sberbank-stake/russian-government-plans-to-use-rainy-day-fund-to-buy-sberbank-from-central-bank-two-sources-idUSKBN1YT0M0

Anonymous ID: b5a887 Dec. 25, 2019, 11:25 a.m. No.7618978   🗄️.is đź”—kun   >>8997

>>7618962

When it started the thought was a transfer of "assets" but at this point who knows-eventually find out. They are all regularly scheduled flights. The Ontario one just started that route in january or dec last year. Ont is basically a spill-over for LAX now. It used to be a regional destination only. Pretty big gate capacity now.

Anonymous ID: b5a887 Dec. 25, 2019, 11:31 a.m. No.7619021   🗄️.is đź”—kun

>>7618997

>I miss planefagging. It relaxes me

It is very cleansing in a weird sort of way-grew up around comm jets, family had jobs. . was unable to pf for a long time-just here and there and mostly nights/weekends.

 

It's been fickle lately getting in and filtering. Not using a vpn either.