The FAS Russia gave its consent to the transaction “daughter” of “mail of Russia” and the Summer Bank

The FAS Russia gave its consent to the transaction “daughter” of “mail of Russia” and the Summer Bank


Given agreement to acquire LLC “Postal finances” 50% minus 1 voting share of OJSC “Leto Bank”, on the basis of which the VTB group, and “Mail of Russia” create a Postal Bank.

MOSCOW, 25 Jan. The Federal Antimonopoly service (FAS) allowed a subsidiary of the company “mail of Russia” to purchase 50% minus 1 share a part of the VTB group Leto Bank, said the Deputy head of Department of control of financial markets FAS Lilia Belyaeva.

“Given the agreement to acquire LLC “Postal finances” 50% minus 1 voting share of OJSC “Leto Bank”,” — said Belyaev.

Group VTB and “Russian Post” create a Postal Bank on the basis of Summer-Bank. Registered 7 September the new structure of “Russian post” — “Post the finances” — VTB buy 50% minus 1 share of Summer-Bank. Thus, the controlling shareholder joint Bank VTB.