Rosneft and Russia Regional Development Bank sold their stakes in Okhabank
Edited by Rhod Mackenzie / 2015-03-26 08:53:54
Rosneft and the Russia Regional Development Bank have sold their stakes in Okhabank, the press service of the Russia Regional Development Bank reports.
The volume of the sold stake in the Russia Regional Development Bank is 65.88%, the stake of the oil company – 33.4%. The amount of the deal is not released.
“The deals were held in conformity with the current policy of the Russia Regional Development Bank on optimization of assets and are realized with the support of the major shareholder of the Russia Regional Development Bank”, is said in the press release. The Russia Regional Development Bank has held a stake in Okhabank from 2001.
