Seven companies are bidding for the purchase of Tochka Bank, including Rosbank. The price during the auction can rise to 30-35 billion rubles. The auction is scheduled for July 10, 2023, Kommersant writes.

Rosbank is interested in buying the fintech Tochka

A couple of months ago, Alfa-Bank, Tinkoff, Yandex, Uralsib, Qiwi and Sovcombank were named among the potential buyers. Yandex stated that they did not participate in the auction. Sovcombank and Qiwi, according to the interlocutors, abandoned the acquisition plans.

  • Tochka is a digital bank that provides financial and non-financial services to small and medium-sized businesses. In January, the Bank of Russia issued a universal banking license to the company. Tochka’s net profit according to RAS in 2022 reached 6.2 billion rubles, having increased 2.2 times by 2021.
  • In March, the owners of S7 Group became minority shareholders of Tochka. At the same time, it was reported that the bank’s statute provides for the priority right of a minority shareholder to consolidate 100% of the bank. In April, Trust Bank put up for public auction 90.01% of the shares of JSC Tochka, the starting price is 22.7 billion rubles.

Author:

karina pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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