14:38 27.05.2016

Russia's Sberbank not ruling out return to Crimea if sanctions eased - Gref

1 min read
Russia's Sberbank not ruling out return to Crimea if sanctions eased - Gref

Sberbank could return to the Crimean market if international sanctions are eased," the bank's chief, German Gref, said at the annual shareholders meeting.

"Once the sanctions regime has been eased, we'll be one of the first companies to be working there," he said.

But the bank cannot return to Crimea yet – if it does, another sanctions regime will be imposed against it. "It would definitely not make sense to do that now," he said.

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