Management of non-core assets bank “Trust” does not exclude the sale of bank “Tochka” this year. There are currently five potential investors for this deal. opens words of Alexander Sokolov TASS, chairman of the board of directors of the financial institution.
Tochka is a project for working with small and medium-sized businesses. Since 2018, 50% plus 1 stake is owned by Otkritie Bank, another 40% is Qiwi and 10% minus 1 is owned by Tochka management through Catalytic People. In June last year, Otkritie Bank management sold the controlling stake (90%) of the bank to the entrepreneur Tochka Trust. In addition, the Baltic Leasing company also acquired the assets of a financial institution for 18 billion rubles.
“We (Trust Bank’s management. – socialbites.ca) may leave Tochka Bank earlier than Baltic Leasing. We are currently in dialogue with about five potential interested parties, with a sufficient number of participants. “I do not rule out that the deal can be achieved this year,” Sokolov said.
According to him, the number of people interested in acquiring Baltic Leasing is currently “slightly less” than in Tochka. However, the Trust continues to seek options for further sales of the company.
In March 2022, Otkritie sold 90% of Tochka’s shares to Trust Bank. The other 10% of the securities are still owned by Catalytic People Limited. 22 December Central Bank (CBRT) closed Sale of Otkritie Bank to VTB Bank. As part of the agreement, 100% of Otkritie shares were sold to VTB for 340 billion rubles.