trending Market Intelligence /marketintelligence/en/news-insights/trending/moend6irdsfdb4bfkz3raa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Russian businessman Rotenberg ups direct stake in SMP Bank to almost 50%

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Russian businessman Rotenberg ups direct stake in SMP Bank to almost 50%

Stroygazmontazh, an infrastructure construction company controlled by Russian businessman Arkady Rotenberg, transferred its entire stake in JSC Bank Severny Morskoy Put to Rotenberg himself, news agency RBK reported Sept. 7.

The businessman's holding in the lender increased from 23.48% to 49.99% following the transaction, the news report noted, citing a regulatory filing. Rotenberg, the bank and Stroygazmontazh are under Western sanctions imposed following the 2014 annexation of the Crimean peninsula from Ukraine by Russia.