VTB bought Pochta Bank for 36 billion rubles. This was announced by the head of the Ministry of Digital Development, Maksut Shadayev, during a meeting of the Economic Policy Committee of the Federation Council, TASS reports.
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“Russian Post sold Pochta Bank as a second partner to VTB for 36 billion rubles,” the minister said. According to him, this is additional money that Russian Post will receive for its development. Shadayev did not provide further details.
RB.RU sent applications to Pochta Bank and VTB.
At the end of November, the Federal Antimonopoly Service and the Central Bank gave VTB permission to buy out Russian Post’s stake in the Postal Bank. The first vice-chairman of the board of directors of VTB, Dmitry Pyanov, said that the deal will be carried out “in an unconventional way, that is, Post Bank itself will buy the shares of Russian Post.”
In the summer it became known that VTB plans to consolidate 100% of the shares of Pochta Bank. VTB and Russian Post had equal shares in the capital of Post Bank (50% minus one share each), two more shares belonged to the chairman of the board of directors of Post Bank, Alexander Pakhomov. VTB was going to buy all the shares.
The integration of Pochta Bank into the VTB structure is planned for January 2026. The former’s regional network currently includes 25 thousand service points and its active customer base is 8.6 million people. In the Interfax-100 ranking, the credit institution occupies 22nd place in terms of assets (556.7 billion rubles).
Author:
Bogdan Muzychenko
Source: RB
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.
