15 Dec 2009 10:46

Kazakh Eurasian Bank buying Russian Troika Dialog

ALMATY. Dec 15 (Interfax) - Kazakhstan's Eurasian Bank is purchasing the Russian bank OJSC Troika Dialog.

"On December 14 in Moscow, Eurasian Bank concluded an agreement for the purchase of stock in the CJSC Investment Company Troika Dialog pertaining to the acquisition of 100% of the commercial bank OJSC Troika Dialog Bank's stock," a Eurasian Bank press release says.

The sole shareholder of Eurasian Bank, Eurasian Financial Company, is the nominal buyer and will acquire for the bank 1 share of Troika Bank stock, or 100% of its charter capital.

Eurasian Bank ended 2008 in 74th place by asset size among CIS bans and 9th place among 37 Kazakh banks on the Interfax-1000: CIS Banks ranking.