2020: ovkombank acquired 91% of shares VKA of Bank
The Sovcombank announced in March, 2020 closing of the transaction on acquisition in the amount 91% of stocks of JSC Kaspiysky Aktsionerny Bank at group of key shareholders and managers of bank. The transaction was earlier approved with the Bank of Russia. The Sovcombank is going to strengthen significantly positions in the region based on business of VKA.
| ||"Acquisition of VKA of Bank corresponds to our long-term strategy for purchase of qualitative banks of the smaller size for the attractive prices. Development in the region will amplify both in retail, and in corporate business segments" — the co-owner and the first deputy chairman of the board of Sovcombank Sergey Hotimsky reported.|| |