Bank UralSib is going to be given professional counseling on how to best sell a part of its stock in January 2008. The name of the consultant is not being revealed until all the tender procedures have been formalized, RBC daily reports. The bank’s Vice President Alexader Vikhrov was unwilling to provide any comments, yet RBC says the bank appears to be quite prepared to give up on the idea of an IPO and is reported to be negotiating for selling 25% to 49% of its shares to a western bank. In the meantime, the bank’s net loss reached 2.87 billion RUR in January-June 2007.