Price of Sberbank’s shares on London Stock Exchange collapsed to $ 0.01

Russian Sberbank shares on the London Stock Exchange lost more than 90% of the cost from the beginning of trading on Wednesday, covered to $ 0.01. This is evidence of the exchange data.

In the following hours, Sberbank shares were traded at $ 0.02.

Sberbank said that she would no longer be able to supply liquidity by European subsidiaries to order the Central Bank, but its capital level and the quality of assets are sufficient for paying to all depositors.