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

Russian government acquires about 100% of Bank VTB Azerbaijan’s shares
# 14 November 2017 12:17 (UTC +04:00)

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%.

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THE OPERATION IS BEING PERFORMED