Kogan decided not to sell NPF “URALSIB”

Kogan decided not to sell NPF “URALSIB”


The pension Fund belongs to the Bank “URALSIB” and will remain under the control of Kogan, said the official representative of the businessman Irina Volin.

MOSCOW, November 23. The deal to sell NPF “URALSIB” Tinkoff Bank is broke, the pension Fund will remain under the control of businessman Vladimir Kogan, said the official representative of the businessman Irina Volin.

“The deal collapsed,” Volin said, adding that the pension Fund belongs to the Bank “URALSIB” and will remain under the control of Kogan.

The Bank of Russia and Agency on insurance of contributions (ASV) on 4 November reported on the reorganization of the Bank “URALSIB” is part of the namesake financial Corporation. Later 82% of the Bank came under the control of businessman Vladimir Kogan, who in the framework of the procedures for financial rehabilitation of a credit institution must obtain from the DIA for the credit of the Central Bank 81 billion.

Nikolai Tsvetkov, who owned prior to this the Bank has retained a minority stake and some other assets of the financial Corporation “URALSIB”.

The fate of the pension Fund for some time remained unclear: for a couple of days before the message of sanitation of Bank “URALSIB” became known that Flowers is in talks to sell Fund Tinkoff Bank. The day after the announcement of rehabilitation was reported that the NPF sold, however, the press service of TCS Bank, said that the deal is not closed, but negotiations are underway.