PRIME-TASS. ING Bank (Eurasia) has purchased as a nominal holder a 5.13% common interest in Rostov Industrial Construction Bank (Rostpromstroybank, Rostov-on-Don), the latter said in a statement.
Earlier ING Bank held no stake in Rostpromstroybank. The latter’s supervisory board chairman Igor Kim reduced his block of the banks common shares from 59.09% to 53.96% on January 14, 2009.
As of December 1, 2008 Rostpromstroybanks assets came to Rub 3.93 bln, credit investments totaled Rub 2.37 bln, equity equaled Rub 1.05 bln, credits, deposits and other funds attracted came to Rub 1.41 bln, including private deposits (Rub 802.7 mln).
Rostpromstroybank passed registration with the Central Bank of Russia in January 1992. The banks major shareholders are Igor Kim (53.96% of common shares) and Cyprus-registered Lancrenan Investments Ltd (20.016%). Since 2007 the company has been part of a strategic banking alliance led by Ursa Bank.