RIA NOVOSTI. Bank of Khanty-Mansiysk bought into Novosibirsk Municipal Bank, one of the region’s leading banks, acquiring a 25.37% stake, Bank of Khanty-Mansiysk said in a press release.
Bank of Khanty-Mansiysk received Monday information about the registration of a report on the results of an additional share issue staged by Novosibirsk Municipal Bank. At issue is not only the SPO, but also the purchase by a new shareholder of some securities from the banks current shareholders (alienation). No other parameters of the transaction were made available.
Bank of Khanty-Mansiysk is a federal-level universal lending institution with a diversified resource base that offers a broad range of services on the financial market. The bank has representative offices in Prague and Ekaterinburg, 18 branches, and also over 130 additional sales offices and operating cash desks.
The banks major shareholder (66.3%) is the Khanty-Mansiysky Autonomous District represented by the department of state property. Novosibirsk Municipal Banks shareholders are the department for land and property relations of Novosibirsk City Hall, Gorvodokanal, Novosibirsk Electric Vacuum Plant — Soyuz, Sibmost, Berdsky Electric Mechanical Plant and other large industrial concerns, construction firms and commercial businesses of Novosibirsk.