OREANDA-NEWS. The Savings Bank of the Russian Federation (Sberbank) prepares for increase in the authorized capital due to the issue of announced shares. As a whole analysts have estimated this news as positive for the bank. Nevertheless, stock quotes of Sberbank have fallen by more than three percent on Tuesday, October 24.

Apparently, theoretically the share of the Central Bank can be reduced to 50 % plus one share, Reuters reported referring to the sources in the bank circles.

Officially these figures have not been sounded. The limit makes 4,7 million shares, which the Savings Bank is able to issue without convocation of the shareholders’ meeting.