Kovalchuk Bank became VTB's minority

The Bank "Russia", the main shareholder of which is businessman Yuri Kovalchuk, became one of the minority shareholders of VTB. This is evidenced by VTB materials .

According to September 30 of this year, the Bank "Russia" belongs to 1.26% of VTB shares. Prior to this, the financial organization was not included in the number of VTB co -owners.

The largest shareholder of VTB is a dewed with a share of 60.93%. The State Oil Fund of Azerbaijan belongs to 2.95%of the shares of the Russian State Bank, the Swiss Credit Suisse - 2.36%, the Rosselkhozbank - 2.73%, and other minorities - a total of 29.77%.

The Forbes magazine estimates Kovalchuk's condition of $ 500 million. Both the businessman himself and the Russian Bank controlled by him in 2014 fell under anti -Russian sanctions introduced by the West in response to the joining Crimea into the Russian Federation. After the sanctions, the Bank of Russia completely refused to work with foreign financial organizations and currency, and Russian President Vladimir Putin instructed to provide the Bank for Kovalchuska and promised to open a salary account there.