27 Dec 2022 14:09

Trust Bank bought claims against fmr beneficiaries FC Otkritie, B&N Bank and RGS from Otkritie Bank for 375 bln rubles

MOSCOW. Dec 27 (Interfax) - VTB received Otkritie Bank without its claims against former beneficiaries of FC Otkritie , B&N Bank and RGS-Assets.

Trust Bank told Interfax that it bought those claims for 375 billion rubles. Its press office did not give any details of the transaction.

Trust bought Otkritie Bank's claims against Vadim Belyaev, Mikail Shishkhanov, Mikhail Gutseriev and Danil Khachaturov, the bank said.

"The strategic goal of Trust, the bank for non-core assets, remains the same: to collect 482 billion rubles by the end of 2023," the Trust spokesperson said. "The dues come from several areas, including judicial penalties and settlement. Debt on the claims bought from FC Otkritie will be collected within ongoing litigation in which Trust is already involved," the bank said.

The Central Bank said on Tuesday that it had transferred all shares in Otkritie Bank to VTB. VTB has met all obligations to the CBR in payment for the shares in Otkritie, it said.

Reports have said VTB would pay 340 billion for the Otkritie assets, including 233.1 billion cash and 106.9 billion in OFZ federal loan bonds worth 106.9 billion rubles at market price and used to bail out Bank of Moscow.

Included in the deal are Otkritie Bank and its subsidiaries as of June 30, except for JSC Tochka, JSC Baltic Leasing and Kama LLC, which had dropped out of the list of subsidiaries before that date, VTB has said.