Russia's Sberbank considers selling Turkish Denizbank
Sberbank, Russia's biggest bank by assets, is considering selling its Turkish unit Denizbank, four banking sources told Reuters, to help it refocus on its core domestic market. Denizbank, bought by Sberbank in 2012 for about $3.5 billion, was a core asset for the state bank to establish its presence abroad…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters