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%.