The sole shareholder of JSC "TBank" — MKPAO "TKS Holding" — decided to reorganize the TBANK in the form of joining PJSC "Rosbank". This is stated in the message of the TBANK.
TKS Holding also decided to increase the authorized capital of TBANK by placing additional shares. The number of additional shares to be placed is 300 million units, the method of placement is conversion into shares of the joint—stock company to which the shares of the affiliated joint—stock company are being joined. Conversion rate: 5.88 ordinary shares of Rosbank with a nominal value of 10 rubles each are converted into one ordinary share of TBANK with a nominal value of 10 rubles each.
Rosbank shareholders 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, fast and transparent integration option.
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, trade acquiring and other services for sellers, insurance.
MKPAO 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 the Cyprus TCS Group Holding PLC decided to redomicile the company from Cyprus to Russia and re-register the legal entity in the SAR of the Russian Island 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 announced the renaming of Tinkoff Bank to T-Bank in the summer of 2024.
The net profit of JSC TKS Holding for the second quarter of 2024 increased by 15% to RUB 23.5 billion. 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, is a universal commercial bank providing a full range of banking services to both legal entities and individuals.
T-Bank's profit under RAS for 9 months of 2024 reached 43 billion rubles, an increase of 27% year-on-year (for 9 months of 2023 — 34 billion rubles). Rosbank's profit under RAS for 9 months of 2024 amounted to 40 billion rubles, which is 24% higher than a year earlier (for 9 months of 2023 — 32 billion rubles). The total size of the loan portfolio of T-Bank and Rosbank amounted to 2.7 trillion rubles.
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