We intend to buy share in Khanty-Mansiysky Bank, Nomos-Bank says

Nomos-Bank still intends to buy the state-owned 44% shareholding in Khanty-Mansiysky Bank, the bank’s Executive Director for International Business Yuri Lekarev said at a banking forum in London, RIA Novosti reports.

The bank announced earlier than its share in Khanty-Mansiysky Bank would go down from 31.31% to 7.79% as part of the banking group’s internal restructuring program; the shares were handed over to Nomos-Bank’s two daughter enterprises. The group controls 51.29% of Khanty-Mansiysky Bank’s shares altogether.

Now the privatization of the state-owned 44.2% shareholding in the bank that currently belongs to Khanty-Mansiysky Autonomous Region Yugra is expected to go through at the end of the year, RIA Novosti says.

‘The auction was initially planned to have taken place this year, but it might be postponed. If it does take place, however, then we will consolidate the 44% shareholding,’ Lekarev said.

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