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MOSCOW: The chief executive of Russia's Sberbank said on Friday he viewed the idea of the state selling off part of its stake in the bank positively, a day after the country's economy minister urged the government to consider doing just that.

"I have said many times that I view the idea of privatising Sberbank only positively," German Gref, Sberbank's CEO, told reporters. Gref said there was no substantive discussion between the government and the bank on the subject for now however.

The Russian government controls a 50 percent plus 1 share in Sberbank.

Copyright Reuters, 2016

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