The Central Bank of Russia did not approve Sberbank's request to…
The Central Bank of Russia did not approve Sberbank's request to release part of the blocked assets, according to the deputy chairman of the board and financial director Taras Skvortsov.
Consensus
- The Central Bank of Russia did not approve Sberbank's request to transfer some blocked foreign assets to a separate legal entity.
- Sberbank's Deputy Chairman and CFO, Taras Skvortsov, communicated this decision during a conference call on July 29.
- Sberbank will need additional clarifications from the regulator before deciding its next steps.
- The bank expects to finalize its approach by August.
- A proposal to transfer blocked assets was approved by Sberbank's supervisory board in December 2024.
Points of divergence
- Sberbank prepared a list of blocked assets for transfer to a separate legal entity in October 2025. — vedomosti
- The Central Bank changed its position in June 2025, softening the approval process for asset transfers, which enabled Sberbank to begin preparations. — interfax
Coverage (2 sources)
- Sber did not receive approval from the Central Bank to allocate part of blocked assets — Ведомости
- ЦБ РФ не согласовал Сбербанку выделение некоторых заблокированных активов — Интерфакс