Vladimir Putin allowed ICB transactions with shares of large enterprises owned by Sova Capital

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AK&M 28 September 2026 20:12

""Russian President Vladimir Putin signed an order "On a special decision on transactions (operations) by a credit institution – Credit Bank of Moscow (PJSC)." The document is published on the Kremlin's website.

The document allows the ICB to make transactions involving a change in ownership of shares in a number of enterprises owned by Sova Capital Limited.

"""""" In particular, we are talking about the shares of "Rosseti" and some "subsidiaries", TGC-1, Inter RAO UES, EL-5 Energy, OGK-2, VTB, Gazprom, Surgutneftegaz, Mosenergo, Unipro, NCSP, Tatneft, Raspadskaya, Polyusa, ALROSA, Rostelecom, T Plus, Aeroflot, Bashneft, Saratov Oil Refinery and others.

PJSC "Moscow Credit Bank" (MKB) is a universal commercial private bank that provides a full range of banking services for corporate and private clients, as well as for financial and credit organizations. The Bank is included in the list of systemically important credit institutions approved by the Bank of Russia. The ICD was founded in 1992.

Sova Capital Limited was established in 2007. In 2022, the company came under special management.

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