Gazprombank, the third biggest bank of Russia intends to sell more than 30% of stocks to the foreign investor next year.
At present time Gazprombank - is 100% property of "Gazprom". If the company finds the foreign investor, it will be the first step to IPO- preliminary offer of stocks on purpose to arrange them at stock exchange. As a representative of the bank informed, it can happen in 2007.
At present time Morgan Stanley and Deutsche Bank fix the price of the bank. According to analysts, the cost of Gazprombank can come up to 5bln dollars.
sections: Economics, Region News regions: Central region |