ArmInfo.Amid announced sanctions by the United States, VTB considers a change of shareholders in the bank's subsidiary assets, VTB have a deadline of for this until May 25. Dmitry Pyanov, member of the board of VTB, told reporters about this, TASS reports.
" We have a deadline for capital transactions until May 25, 2022, that is, until this date we will be able to carry out transactions to change the majority or non-majority owner in companies where we have a controlling or majority share. Therefore, some transactions are expected," Pyanov said, without specifying what assets he was talking about. . "So far I don't have any details on who will be the first one, who will be the second one, how it will be organized. Nevertheless, this is connected with the search for new owners and coordination with central regulators for the sale of shares, for example, foreign subsidiary banks. Without agreement with the regulator, this cannot be done. Some work is underway, but I can't give details yet," he added.
Pyanov recalled that in addition to the United States, blocking sanctions against VTB were announced by the United Kingdom. "We still have UK blocking sanctions, which, unfortunately, do not have any clauses to complete transactions. We are now studying what this means for our bank VTB Capital PLC with a banking license in London," Pyanov explained.
Yesterday, VTB Bank, after the announcement of sanctions against a credit institution, announced the planned transfer of 99.9961% of the shares of FC Dynamo Moscow in favor of the All-Russian sports society Dynamo, as well as the sale of 46.29% of shares in the Cypriot RCB Bank and two shares in Post Bank.
Subsidiaries of the sanctioned VTB Bank operate as usual, provide basic types of financial services, the press service of the credit institution reported.
"VTB Bank's subsidiaries operate as usual and continue to provide the main types of financial services, while maintaining a high level of liquidity and capital. The adopted restrictions do not affect the safety and availability of customer funds. All accounts are active and customer funds are available both at bank branches and in remote channels. They can still be used in full to conduct all transactions in the national currency on the territory of Georgia, Azerbaijan, Belarus, Armenia and Kazakhstan," the press service said.
On February 24, the United Kingdom and the United States announced sanctions against VTB. The bank has been added to the SDN (Specially Designated Nationals and Blocked Persons) list. The institutions included in this list are subject to maximum restrictions. Their assets are blocked, a ban is introduced on dollar transactions and any actions with counterparties from the United States.
