According to him, so SOCAR has 3% of VTB shares and intends to attend the management of bank. Movsumov’s candidate has already been nominated for membership of Board of Directors.
Movsumov stated that the Fund has not concrete project on purchase of shares of foreign banks or real estate abroad. But, SOFAR is pursuing studies within its strategy. Movsumov said that Fund realizes purchase of shares of VTB or other operations in the future as a strategic investor.