The government has not yet decided on selling shares in Russia's largest lender Sberbank this year, Economic Development Minister Elvira Nabiullina told reporters on Monday.
This year, the government planned to sell 7.6% out of the 57.6% share package in Sberbank held by the Central Bank of Russia.
"The issue has not been discussed thoroughly enough. We need to look at market developments and at our readiness," she said.
Sberbank head German Gref said in mid-February that the bank could float shares as part of its privatization in the second half of 2011. The size of the share package, however, had not been determined as Sberbank considered selling either a 7.6% stake this year or part of it in 2011 and the other part in 2012.
MOSCOW, March 14 (RIA Novosti)
