Nomos-Bank, which accumulated 51.3% of Khanty-Mansiysky Bank’s shares in 2010, is considering buying out the remainder of the stock provided that the share price is appealing, the bank’s IPO memorandum states.

‘It’s possible that we will acquire the remainder of the shares in Khanty-Mansiysky Bank at a good price. Nomos-Bank is planning to buy the shareholding belonging to Khanty-Mansiysky Autonomous Region-Yugra,’ the memorandum says.

Khanty-Mansiysky Autonomous Region-Yugra currently owns a 44.20% shareholding in the bank.