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Saber intends to sell warehouses to markets that do not generate profit for the bank, as part of a strategy to abandon unprofitable assets, the head of the German credit organization Graf said during "Investor Day". According to him, the bank has a large number of non-profit warehouses, but their sale is expected to be completed by the end of 2026. "We will abandon these business areas that do not generate profitability in the medium term, and we will leave only those areas that are strategic for us," Graf said. According to him, work on the abandonment of such assets began in 2026 and should be completed in 2027-2028 to "save all expectations until 2029".

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Адский e-comm и ритейл · · Source

🇩🇪 Germany · Map

Saber intends to sell warehouses to markets that do not generate profit for the bank, as part of a strategy to abandon unprofitable assets, the head of the German credit organization Graf said during "Investor Day". According to him, the bank has a large number of non-profit warehouses, but their sale is expected to be completed by the end of 2026. "We will abandon these business areas that do not generate profitability in the medium term, and we will leave only those areas that are strategic for us," Graf said. According to him, work on the abandonment of such assets began in 2026 and should be completed in 2027-2028 to "save all expectations until 2029".

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