Rosbank completed the merger with the French BSGV, thus becoming the largest foreign bank in Russia with assets of 700 billion rubles. After consolidation of the bank will retain its name, but will work using the symbolism of the corporate group Societe Generale, which includes BSGV.
Controlled by the French group Societe Generale has completed a merger with Rosbank BSGV, reports Reuters. Thus Rosbank has become the largest foreign bank in Russia. According to preliminary data, the assets of the banking group Rosbank to international standards of around 700 billion rubles. By Russian standards - 1 trillion rubles. According to this index Rosbank ahead "daughter" of the Italian Unicredit, which has at the end of the first quarter assets under the Russian standards were equal to 616 billion rubles. And Austrian Raiffeisenbank with assets of 530.6 billion rubles. on 1 June.
In late June, was re-elected board of directors of Rosbank, more than half of whose members now account for Societe Generale. The process of consolidating four "daughters» Societe Generale in Russia - Rosbank Rusfinance Bank, BSGV and "Deltakredita" - was launched last year. In the framework of Rosbank acquired from its majority shareholder, Rusfinance Bank, in charge of consumer lending and bank "DeltaCredit", which specializes in mortgages. Societe Generale owns 75% stake in Rosbank, the structure of "Interros" own 11% of the shares owned by the same amount of investment, "daughter" VTB. The deal to consolidate these assets became the largest bank mergers in the market after the crisis. The new bank will operate under the guise of Rosbank using corporate symbols Societe Generale.
Despite the fact that Rosbank has become the largest foreign bank in Russia, the consolidation process has shaken its position in the individual business segments. For example, Rosbank and Rusfinance Bank, which was transferred to the direction of car loans, faced with the outflow of personnel. Took advantage of the competition. Earlier, representatives of the dealers were told "Kommersant", just one month in Rosbank Rusfinance Bank, the amount of the issuance of new car loans in the salons of the "Favorite Motors' declined by about 90%, and took their share of Sberbank," Volkswagen Bank Rus "and VTB 24.
Controlled by the French group Societe Generale has completed a merger with Rosbank BSGV, reports Reuters. Thus Rosbank has become the largest foreign bank in Russia. According to preliminary data, the assets of the banking group Rosbank to international standards of around 700 billion rubles. By Russian standards - 1 trillion rubles. According to this index Rosbank ahead "daughter" of the Italian Unicredit, which has at the end of the first quarter assets under the Russian standards were equal to 616 billion rubles. And Austrian Raiffeisenbank with assets of 530.6 billion rubles. on 1 June.
In late June, was re-elected board of directors of Rosbank, more than half of whose members now account for Societe Generale. The process of consolidating four "daughters» Societe Generale in Russia - Rosbank Rusfinance Bank, BSGV and "Deltakredita" - was launched last year. In the framework of Rosbank acquired from its majority shareholder, Rusfinance Bank, in charge of consumer lending and bank "DeltaCredit", which specializes in mortgages. Societe Generale owns 75% stake in Rosbank, the structure of "Interros" own 11% of the shares owned by the same amount of investment, "daughter" VTB. The deal to consolidate these assets became the largest bank mergers in the market after the crisis. The new bank will operate under the guise of Rosbank using corporate symbols Societe Generale.
Despite the fact that Rosbank has become the largest foreign bank in Russia, the consolidation process has shaken its position in the individual business segments. For example, Rosbank and Rusfinance Bank, which was transferred to the direction of car loans, faced with the outflow of personnel. Took advantage of the competition. Earlier, representatives of the dealers were told "Kommersant", just one month in Rosbank Rusfinance Bank, the amount of the issuance of new car loans in the salons of the "Favorite Motors' declined by about 90%, and took their share of Sberbank," Volkswagen Bank Rus "and VTB 24.
No comments:
Post a Comment