Gref allowed Sberbank's subsidiaries to go public in 2023

Sberbank still does not exclude the IPO of its subsidiaries, the head of the bank German Gref said at the Eastern Economic Forum. The placement, according to him, will take place no earlier than 2023.

“It is quite possible that we will determine our position on this issue over the next year, including those of our subsidiaries that are most ready for a public offering,” German Gref said (quoted by Interfax ) .

• The fact that some structures of the Sber ecosystem will become public was admitted at the end of August by the deputy chairman of the board of the organization, Lev Khasis, in response to a question from Frank Media correspondents about the possibility of separating the banking and non-banking business. The representative of Sberbank also noted that many services for retail clients will be profitable by 2023.
• The IPO of the joint venture of Cognitive Technologies and Sberbank - Cognitive Pilot - after 2023 was reported by Reuters with reference to the company's CEO Olga Uskova. In August, Cognitive Pilot, which develops autopilots for agricultural and rail vehicles, registered a representative office in the United States.