Central Bank of Russia - Ownership of Commercial Bank

Ownership of Commercial Bank

The Bank of Russia owns a 57.58% stake in Sberbank, which creates potential conflicts of interest both in the competitive landscape as well as in the regulatory policy of the Russian banking sector.

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    They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.
    —Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)

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