VTB acquires 5% stake in Wildberry Bank

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AK&M 27 May 2026 10:39

VTB acquires a 5% stake in Wildberries Bank (part of the combined Wildberries & Russ – RWB group) with the potential to increase its stake. This was reported to the newspaper Vedomosti by a representative of the RWB. The deal is part of a strategic partnership agreement between the companies, he added.

The Bank acquires a minority stake in RWB's digital financial assets, equal to a 5% stake in Wildberry Bank. The parties did not disclose the value of the transaction.

Wildberries&Russ (RVB LLC) was formed as a result of the merger of the IT company Wildberries and the outdoor advertising operator Russ. The company operates in Russia, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan and Uzbekistan, as well as in China, where goods are imported. The company manages more than 205 logistics facilities with a total area of over 4.6 million square meters.

The net profit of the RWB group for 2025 according to IFRS increased to 175 billion rubles. Total turnover (GMV) in Russia and other countries of presence increased by 49% to 6.1 trillion rubles from 4.1 trillion rubles.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch office in India, and a branch office and representative office in China.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.

VTB Group's net profit under IFRS for 2025 amounted to 502.1 billion rubles.

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