Monday, February 8, 2016

The share capital of the Federal Property Management Agency in VTB declined to 45% – RBC

The state share in the authorized capital of VTB fell 45%. It follows from the text of President Vladimir Putin’s decree on amendments to the list of strategic enterprises, published on the official portal of legal information

In the previous version of the list stated that the state’s share in VTB -. 50% plus one share.

The state share in VTB declined after July 2015 to capitalize the bank through the OFZ mechanism. Then, in the capital of the bank has become the Deposit Insurance Agency (DIA), which became the owner of the preferred shares of the bank. Belonging to him a share of the government does not consider the state, the source said RBC VTB.

According to the bank’s website, 60.9% of the voting shares of PJSC “Bank VTB” belongs to the Federal Property Management Agency, and the rest is owned by minority shareholders.

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