March 20, 2018 / 12:20 PM / 9 months ago

Russia's Sberbank to transfer part of loan portfolio to PSB

MOSCOW, March 20 (Reuters) - Russia’s Sberbank plans to hand over part of its loan portfolio to Russia’s defence sector lender Promsvyazbank (PSB) , Sberbank chief executive German Gref said on Tuesday.

The size of the portfolio to be transferred has not yet been established, Gref added.

Reporting by Tatiana Voronova; Writing by Polina Ivanova; Editing by Andrey Ostroukh

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