VTB took shares of the En + Group group on the pledge of the Chinese CEFC.
VTB Group sold 11.82% of Magnit's shares to Marathon Group, the son-in-law of Foreign Minister Sergei Lavrov, Alexander Vinokurov. As a result, VTB's share decreased to 17.28%. The amount of the transaction was at least 60 billion rubles.
VTB "renewed interest" in the purchase of Bank Vozrozhdenie, said the head of the state bank Andrei Kostin. The main bidder for the purchase is the Bonum Capital fund, associated with Senator Suleiman Kerimov.
The whole blame is American sanctions: the head of VTB said that he would not give his companies new loans "until the sanctions have been lifted."
Taking into account the interim dividends for 2017, the shareholders of Magnit will receive 69.5% of last year's profit of the retailer.
The bank has already offered 5.1 billion euros to the Chinese CEFC, and now does not rule out a loan to the Qatar Investment Authority, which will collect almost 19% of Rosneft's shares.
In a number of market segments, the new company will become a monopolist.
So far, the sanctions have not affected the business of Russian public companies.
Shares of En + Group on the Moscow Stock Exchange fell by 16%, VTB shares - by 10%. Rusal shares on the Hong Kong stock exchange have lost 50%.
The company Oleg Deripaska because of US sanctions fell on the stock exchange for Friday at 2.5 billion dollars.
The new list includes 26 people and 15 companies. Among them are Oleg Deripaska, Viktor Vekselberg, Suleiman Kerimov, Alexey Miller and Andrei Kostin.
Mortgage debts of Russian citizens to Sberbank in March 2018 exceeded 3 trillion rubles, while in the past year they grew by 500 billion rubles. In total in Russia in 2017, mortgages were issued for 2 trillion rubles.
The battle for the Essar Steel smelter between the Russian bank VTB and the world's largest metallurgical group Mittal Steel entered the hot phase.
The completion of the transaction for the sale of 14.16% of Rosneft to the Chinese CEFC was postponed from the end of 2017 to the first half of 2018. The total volume
The founder of the trading network exchanged it for 3 billion dollars.
VTB will acquire a 29% stake in Magnit for 138 billion rubles and become the largest shareholder of the retailer. Sergey Galitsky will leave the company.
The head of VTB criticized the Central Bank: the creation of a system of banks, which runs the Central Bank, contradicts the logic.
VTB will replace Sberbank's ATMs in the Moscow Metro with its own.
What mistake did Andrei Kostin make by consolidating the business of the former USSR in the London office of VTB Capital.
En + released UC Rusal from its pledge and significantly reduced the debt burden due to its IPO.
In the banks of the VTB group, the structural deficit of rubles is growing, which is covered by injections from the state.
The largest company in Croatia, the food retailer Agrokor, decided not to recognize the claims of its largest creditor, Sberbank, as it sued the company outside of Croatia.
The Deposit Insurance Agency is trying to get its hands on the runaway billionaire Sergei Pugachev in the UK. The DIA is trying to prove that the businessman hid the capital in the trusts. Will the oligarch manage to save money, and who had helped him to withdraw it?
The property of co-founder of Russia's Internet retailer Ulmart was arrested in Saint-Tropez.
Why did the oligarch Alexander Mashkevich bring the state bank to the Congo?
Their buyers may turn out to be entities connected with the head of the bank Andrey Kostin or his entourage, experts suspect.
Andrey Kostin enters into a dubious deal to merge with pension funds of Boris Mints and Roman Avdeev, whose financial position is close to critical.
A large deal is being prepared in the pension market. It can include pension assets of VTB, the Rossium group and the O1 Group. The assessment was initiated by VTB, which may indicate the consolidation of non-state pension assets by the state bank, experts say.