trending Market Intelligence /marketintelligence/en/news-insights/trending/c_juiZDMc7yf7MoVfndEdg2 content esgSubNav
In This List

VTB completes acquisition of controlling stakes in 2 regional banks

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


VTB completes acquisition of controlling stakes in 2 regional banks

VTB Bank PJSC has completed its acquisition of PJSC West Siberian Commercial Bank, also known as Zapsibcombank, and PJSC Sarovbusinessbank.

VTB acquired 86,650,277 shares in Zapsibcombank, equivalent to 71.80% of voting rights, and 1,020,332,387 shares in Sarovbusinessbank, or 81.11% of voting rights.

Both deals were announced in late 2018.