Rosbank has completed joining T-Bank as a branch. This is stated in the message of T-Bank.
Recall that the shareholders of the banks approved the reorganization.
Earlier, Nikolay Sidorov, Chairman of the Management Board of Rosbank, spoke about the format of Rosbank joining T-Bank. According to him, the joint proposal of the management of both banks to join Rosbank in the format of a branch to T-Bank is the most effective, fastest and transparent integration option.
It also became known that the total capital of the combined bank will exceed 500 billion rubles. It is planned to complete all the processes related to the merger in the first quarter of 2025.
TKS Holding (Tinkoff) is a provider of digital financial and lifestyle services. The Group includes a full range of technological solutions and services in such areas as Internet banking, brokerage services, merchant acquiring and other services for sellers, insurance.
MCPAO TKS Holding was registered in the Russian Federation as an international company on February 26, 2024 and included in the register of participants of the special administrative region (SAR) on the territory of the Russian Island of Primorsky Krai.
In January 2024, the shareholders of Cyprus-based TCS Group Holding PLC decided to redomicile the company from Cyprus to Russia and re-register the legal entity in the Russian SAR of Primorsky Krai. On February 8, 2024, the Bank of Russia decided to register the issue of ordinary shares of MKPAO TKS Holding, which were listed on the Moscow Stock Exchange.
TKS Holding has announced the renaming of Tinkoff Bank to T-Bank in the summer of 2024.
The net profit of TKS Holding JSC for the second quarter of 2024 increased by 15% to 23.5 billion rubles. Revenue increased by 72% to RUB 193.4 billion, and the number of customers increased by 24% to 44 million. The total turnover of customer purchases increased by 38% to 2.1 trillion rubles.
PJSC Rosbank (TIN 7744001497) was founded in 1993, is one of the thirty largest Russian banks, and is a universal commercial bank providing a full range of banking services to both legal entities and individuals.
T-Bank's RAS profit for the first 9 months of 2024 reached 43 billion rubles, an increase of 27% year—on-year (for the first 9 months of 2023 - 34 billion rubles). Rosbank's RAS profit for the first 9 months of 2024 amounted to 40 billion rubles, which is 24% higher than a year earlier (for the first 9 months of 2023 — 32 billion rubles). The total loan portfolio of T-Bank and Rosbank amounted to 2.7 trillion rubles.
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