23 Aug 2023 20:07

VTB exits capital of developer PIK, previously owned 12.4%

MOSCOW. Aug 23 (Interfax) - VTB has completely withdrawn from the capital of developer PIK, in which the bank held a 12.36% stake, the credit institution said on a disclosure tape.

"We confirm that we have fully withdrawn from the share capital of PIK Group . We assess the investment as successful for the business of VTB Group," the bank's press service said.