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Non-residents control 26% in Russia's largest bank - top manager

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MOSCOW, November 2 (RIA Novosti) - Non-residents control about 26% in Russia's largest state-controlled bank, Sberbank, a top manager said on Friday.

Sberbank executives earlier put the share held by foreign nationals or companies in the savings bank's charter capital at 20%.

The bank said previously it has a market value of $86 billion, ranking it as the second largest company in Russia, with the Central Bank owning over 60% of shares.

Sberbank's net profit in 2006 calculated to International Financial Reporting Standards increased 25.8% to 82.8 billion rubles ($3.2 billion). It has a charter capital of 67.8 billion rubles ($2.6 billion).

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