trending Market Intelligence /marketintelligence/en/news-insights/trending/4QAZP8ax7MmUktkUjvqiaQ2 content esgSubNav
In This List

Otkritie consolidates stake in VTB Bank

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion


Otkritie consolidates stake in VTB Bank

Otkritie Financial Corp. Bank increased its stake in VTB Bank PJSC, and now owns 14.83% voting shares of the state-controlled lender.

Prior to the transaction, which took place Jan. 3, Otkritie Bank had a 7.94% holding in VTB, owned directly and indirectly, Otkritie said Jan. 11.

The stake increase is a result of transfer of VTB Bank shares from B&N Bank, which recently merged with Otkritie, news agency Prime reported the same day, citing an Otkritie representative.