Radar Telegram alerts Open Radar

VTB has attracted an equity partner of its life insurance company Haim Rosgostrakh, the first deputy chairman of the state bank, Dmitry Pianov, told reporters. He did not reveal either the buyer, the amount of the transaction or the size of the stock being sold, as the other party to the transaction requested it. "We found a partner and attracted him to the capital of our company "RGS-Life". "RGS-Life became a subsidiary [as of] September 30 to a joint venture," said the top executive. The deal will be reflected in the bank's financial statements for the third quarter and September. According to Pyanov, the impact of this transaction on VTB's net profit amounted to 24.3 billion rubles. In total, the state bank earned 182.3 billion rubles in the third quarter, according to its IFRS report. RBC channel at max.

תרגם לעברית

РБК · RBC Business · · Source

VTB has attracted an equity partner of its life insurance company Haim Rosgostrakh, the first deputy chairman of the state bank, Dmitry Pianov, told reporters. He did not reveal either the buyer, the amount of the transaction or the size of the stock being sold, as the other party to the transaction requested it. "We found a partner and attracted him to the capital of our company "RGS-Life". "RGS-Life became a subsidiary [as of] September 30 to a joint venture," said the top executive. The deal will be reflected in the bank's financial statements for the third quarter and September. According to Pyanov, the impact of this transaction on VTB's net profit amounted to 24.3 billion rubles. In total, the state bank earned 182.3 billion rubles in the third quarter, according to its IFRS report. RBC channel at max.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram