The Russia Partners investment fund is preparing to sell a 40% stake in Banki.ru. In parallel, affiliated entities including the Winter Capital fund and the Elbrus Capital fund, connected to Vladimir Potanin’s Interros group, are also considering reducing their holdings in the financial market. This information comes from sources cited by RBC and reflects ongoing shifts in the sector.
Banki.ru serves as a platform for comparing banking and other financial products. The portal has operated in Russia for 18 years, since 2005, building a reputation for consumer guidance. The article notes that Banki.ru hosts forums where users can share experiences with banks and discuss emerging conflicts, underscoring its role as a community-driven marketplace as well as a product directory.
According to the report, Russia Partners mutual fund has placed 40% of its Banki.ru stake up for sale. The article adds that Renaissance Capital advised the transaction, and outlines that other shareholders may also consider divesting—specifically, Winter Capital and Elbrus Capital, both linked to the Interros family network around Vladimir Potanin.
Russia Partners began its involvement with Banki.ru in 2013, when the fund acquired 30% of the company from Finam Investment Holding for six million dollars. The note indicates that by November 2020 Russia Partners owned a 40.2% stake in Banki.ru, marking a steady evolution of ownership over the years and highlighting the fund’s long-term interest in the portal’s potential.
On October 20, another significant development hit the Russian financial market. Freedom Holding announced a decision to exit its Russian operations, including Freedom Finance and the Freedom Finance Bank, with the deal reportedly valued around one hundred forty million dollars. The move signals continued realignment within the market as firms reassess exposure and strategic focus within Russia and beyond.