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2022-12-22T09:56:46.159Z
The Central Bank of Russia will sell Otkritie Bank to VTB Bank. This is stated on the website of the regulator. “In accordance with the law, the Board of Directors of the Bank of Russia has the right to decide on the sale of shares of PJSC Bank FC Otkritie at their market value. An independent appraiser of DRT JSC estimated their market value in the range of 328-374 billion rubles. The parties agreed that the ownership of the shares of PJSC Otkritie FC Bank
This is stated on the website of the regulator.
“In accordance with the law, the Board of Directors of the Bank of Russia has the right to decide on the sale of shares of PJSC Bank FC Otkritie at their market value.
An independent appraiser of DRT JSC estimated their market value in the range of 328-374 billion rubles.
The parties agreed that the ownership of the shares of PJSC Otkritie FC Bank will pass to VTB Bank no later than December 31, 2022, subject to payment in full.
Source: russiart
