Gazprombank, which is owned by Russia's largest company Gazprom, has postponed its stock market listing for the second time in a year, ahead of two multi-billion dollar share sales from the country's largest banks.

Gazprombank's deputy chief executive Alexander Sobol said yesterday the bank was delaying a stock market listing so that it could "learn" from the share sales of Sberbank and Vneshtorgbank, according to Reuters.