MOSCOW - Sberbank is not yet planning to work in Crimea and Sevastopol, the bank's chief, German Gref, said at the annual shareholders meeting.
“We don’t have any such plans for now. This is impermissible from the point of view of sanctions. We’re not going to work on these territories for now,” he said.
Sberbank worked in Crimea via its Ukrainian subsidiary before Crimea became part of Russia, but it has since wound its operations there down.
