The head of VTB arrived at the Bank of Moscow "get acquainted with management"

The head of the Board of Directors of the Bank of Moscow, VTB President Andrei Kostin held a briefing in the building of the Bank of Moscow office on the Kuznetsk bridge, where he arrived, accompanied by security. This is Kostin's first briefing in the Bank of Moscow building and his first briefing as the head of the board of directors of this bank, RIA Novosti reports.

In February, the metropolitan government sold 46.48% of the Bank of Moscow and 25% plus one promotion of the metropolitan insurance group owning 17.32% of the bank’s shares in a total of 103 billion rubles. VTB announced his intention to bring his share to 100%.

VTB does not intend to negotiate with the minority of the Bank of Moscow on the redemption of their share, Kostin said. “The main thing for us is now to stabilize the work of the bank, to establish it. Minority shareholders will use all the rights that all minority enjoy it,” the head of VTB emphasized, adding that his bank is not negotiating with any shareholders. ”

VTB, however, studies the proposals made by the President of the Bank of Moscow Andrei Borodin on the sale of his share in the bank. Kostin added that VTB has sufficient support for the Bank of Moscow Bank to carry out operational control.

Kostin said that VTB representatives had a working meeting with the leaders and the Bank of Moscow Bank. “We understand that the situation has not been very favorable for working with clients in recent months, now, I think, the situation has been stabilized. We do not see large outflows of funds. I talked with the Moscow leadership that the city hall continues to cooperate with the Bank of Moscow,” Kostin said.

According to Kostin, VTB has support for 70% of the Bank of Moscow shareholders on the appointment of Mikhail Kuzovlev as the head of the Bank of Moscow. On April 21, an extraordinary meeting of shareholders of the Bank of Moscow will be held, which will be held in Moscow.

VTB plans to maintain the Bank of Moscow brand, told RIA Novosti the first vice-president of the Bank of Moscow, a native of VTB Mikhail Kuzovlev.

"VTB did not pay for 46% of the Bank of Moscow net assets - he paid for goodwill (assessment of business reputation)" Bank of Moscow ". This is primarily a brand, a professional team, a client base. The brand will remain. There are some rumors that VTB will close the Bank of Moscow, we are not investing right there for these investments. bury it, ”said Kuzovlev.

The President of the Bank of Moscow Andrei Borodin, together with his adviser Lev Alaluev, owning 20.3% of the shares of the Bank of Moscow, made VTB a counterclaim to redeem the package acquired from the Moscow authorities.

Borodin, who is treated in the UK, regained the leadership of the Bank of Moscow, which was previously entrusted to the vice president of Sergey Ermolaev, and will lead from the office in London.

The positions of the Bank of Moscow were staggered after the resignation of the previous metropolitan mayor Yuri Luzhkov, who created the Bank of Moscow in 1995 and brought 27-year-old Borodin to it. Since then, Borodin has been permanently the president of the bank, who eventually entered the top 5 in Russia.

The Bank of Moscow began checking the Accounts Chamber, which came to the conclusion that the top managers violated the regulatory acts of the Central Bank and the procedure when issuing loans. The auditors of the control department recommended that the Bank of the Bank loan portfolio is revised with the removal of persons involved in violations for this time.

A great resonance caused the initiation of a criminal case on the issuance of a loan of Premier Estit CJSC for 12.76 billion rubles. Investigators drew attention to the fact that before that the metropolitan government - at that time the bank shareholder - participated in the additional ministry of the bank’s shares. The Bank of Moscow stated that there were violations of the procedures when issuing this loan.