Sberbank buys Yandex!

Sberbank, Russia's largest financial organizations bought payment system "Yandex". This was tweeted with reference to the president of the bank, German Gref said the chief editor of radio "Echo of Moscow" Alexei Venediktov.
Later Venediktov said information also on Twitter confirmed the chief editor of "Nezavisimaya Gazeta" Remchukov. In "Yandex" and the Savings Bank to receive official comments so far failed.

In September this year, "Yandex" received a license of the Central Bank to carry out operations of non-bank credit organizations (NGOs). Payment system search engine had become NGOs in connection with the requirements of the law "On the national payment system," which requires all electronic money system from September 29 to operate either as NGOs or banks.

Previously, as an option, which would allow "Yandex" comply with the legislation, it was also considered to attract a strategic partner or purchase of a stake in the bank.

Subsequently, the head of "Yandex" Eugene Zavalishin explained that the license of the bank will be too "heavy-handed" for a payment system that is not going to engage in lending. The Head clarifies that the decision to become an NCO did not cancel plans to find a strategic partner.


To Lenta.Ru




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