Russian government acquires about 100% of Bank VTB Azerbaijan’s shares
APA Azeri Press Agency

Russian government acquires about 100% of Bank VTB Azerbaijan’s shares

[ 14 November 2017 15:17 ]

VTB Group has completed acquisition of 99.99% of Bank VTB Azerbaijan’s share.

 

The share of 48.99% owned by AtaHolding LLC was acquired by Bank VTB 24.

 

The deal has entered into force since November 10.

 

So, current shareholders of Bank VTB Azerbaijan are: Bank VTB – 51%, Bank VTB 24 – 48.99%, individual Adigozel Agayev – 0.01%.