Qiwi Group, which owns the payment service of the same name, has completed the first phase of its restructuring plan by fully consolidating its Russian assets under a local legal entity, with Russian and international assets scheduled to be split by September 2023. It has been reported TASS.
“In line with the plan, Qiwi plc is completing the consolidation of Russian assets within the framework of Qiwi JSC. [и] The Qiwi group announced in a statement that the first phase of the restructuring plan has been completed.”
Prior to that, the Qiwi group, which owned the payment service of the same name, announced about their plans to divide their business into international and Russian.
“International trade will be included in the Qiwi Plc group, its securities are traded on the Nasdaq and Moscow Stock Exchange,” the company said. The company said its Russian business is consolidated in Qiwi JSC.
According to the information obtained from the press service of the company, the job separation process should be completed by the end of August, subject to the approval of the Central Bank.
In February, Roskomnadzor entered Qiwi in the register of dissemination organizers.
former Central Bank declaration about a possible increase in key rate.