Kommersant learned about the failure of the negotiations for the sale of “VTB-Ukraine”


Attempts by VTB to sell its Ukrainian “daughter” was not successful, told “Kommersant” several sources close to the group. “Since in may, the head of VTB Andrey Kostin announced plans to sell the Ukrainian VTB, the group firmly took over. The interest in the asset showed two candidates — SCM group and Taskombank”, — said one of interlocutors of the newspaper.

Another source confirmed the talks. He also noted that they did not succeed. “Evaluation of potential buyers and the seller is so dispersed that an agreement has not succeeded,” he said

The newspaper’s sources also said that the inability to sell the Ukrainian VTB as a whole forced the band to seek other ways of leaving Ukraine. “Now VTB searches for buyers on the loan portfolio of its Ukrainian subsidiary, not to leave the market with empty hands,” said one of them.

In a press-service VTB did not comment on the question about the plans for the sale of loans to Ukrainian Bank, saying only that the Bank considers various scenarios of development of business” in the country. According to “Kommersant”, in the first half of 2016, the Ukrainian VTB received a loss of 4.9 billion UAH, which corresponds to of 12.49 billion rubles on July 1.

SCM group, as the newspaper writes, is part of the business Empire of billionaire Rinat Akhmetov, and the TA is 99% owned by Ukrainian policy Sergei Tigipko.

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