On October 28, 2010 Viktor Orlovsky, Vice President of the bank held briefing dedicated to the liquidation of Joint stock company "SBERCARD" at the central office of Sberbank of Russia.
The decision to liquidate the company SBERCARD founded by the bank jointly with the other shareholders was made on August 20, 2010.
Mr. Orlovsky believes that the company will cease to exist till the end of 2010.
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