Opening holding

History

2024

107 billion rubles recovered from former top managers of Otkritie Holding

On April 17, 2024, it became known that the Moscow Arbitration Court recovered over 107 billion rubles from Otkritie Holding, the former main shareholder of Otkritie Bank, as well as from two former top managers of the named credit institution, Yevgeny Dankevich and Mikhail Nazarychev. Another defendant in the framework of the case was the ex-member of the board of "Discovery" Gennady Zhuzhlev.

According to RIA Novosti, the meeting was held behind closed doors. The lawsuit filed a claim to recover losses related to the first reorganization of Trust Bank, which was carried out by Otkritie Bank from 2014 to 2017. At that time, Dankevich served as chairman of the board of Otkritie, and Nazarychev as deputy general director of Otkritie Holding. In turn, Zhuzhlev was responsible for the corporate block: the court satisfied the requirements for him in a smaller amount.

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Freepik

The proceedings in question were initiated in March 2021. According to the "Trust," the actions or inaction of the defendants led to the re-reorganization of the bank in 2018. Then "Trust" was provided with 318.9 billion rubles in the form of deposits and 300 million rubles for additional capitalization. Third parties in the framework of the lawsuit were the Central Bank of Russia and LLC "Management Company of the Banking Sector Consolidation Fund."

Earlier, the courts, as interim measures, arrested the property of Dankevich, Zhuzhlev, Nazarychev and Otkritie Holding within the amount of the claim. In 2017, ex-deputy chairman of the Central Bank Vasily Pozdyshev said that the "not entirely successful" reorganization of Trust Bank by Otkritie created "certain problems" for the sanatorium. As a result, as noted, in August 2017, the Central Bank was forced to take certain measures to improve the opening itself^[1]

The court recovered 7.3 billion rubles from the ex-owners of Otkritie Holding

At the end of March 2024, the City Arbitration Court Moscow , at the request of the bankruptcy trustee "" Opening of the Holding Company Maria Bulatova, recovered more than 7.3 billion rubles losses from the former beneficiaries of this company. The damage was caused under a loan agreement concluded in 2015. More. here

In the United States, arrested the former co-owner of FC Otkritie

On February 22, 2024, the US Department of Justice (DOJ) announced the arrest of the former co-owner of Otkritie FC bank Vadim Belyaev (aka Vadim Wolfson) and American Gannon Bond. They are accused of helping the head of VTBANDRAY Kostin in circumventing sanctions. Read more here.

2022: Recognition of Otkritie Holding as bankrupt

The Moscow Arbitration Court in July 2022 declared Otkritie Holding, the former main shareholder of Otkritie Bank, bankrupt. Opened bankruptcy proceedings against her. In 2020, the company sent an application to the court to declare itself bankrupt. Its ex-owner Vadim Belyaev now lives in the United States. The company's successor was Otkritie Bank.

2021: Recovery of 13.6 billion rubles at the claim of VTB

On January 11, 2021, the Moscow Arbitration Court satisfied VTB's claim to recover 13.6 billion rubles from Otkritie Holding.

Satisfy the claim in full, - indicated in the record of the file of arbitration cases.

The lawsuit concerned the collection of promissory notes. As a third party, LLC RKT"" tried to enter the case as a representative of the owners of bonds of Otkritie Holding JSC, acting on behalf of all of them. The court refused this, since RKT is not related to the dispute between the plaintiff and the defendant. The company also did not provide evidence that the case could affect its legal rights and interests. This decision was subsequently confirmed by the 9th Arbitration Court of Appeal.

As Interfax notes, the main creditors of Otkritie Holding are Trust Bank, VTB, controlled by the Power Resources holding (under liquidation), Open Investments, RKT, Pension Capital (controlled by Otkritie Ltd, also under liquidation) and Kama Cardboard (controlled by Otkritie Bank).

The court satisfied VTB's claim to recover 13.6 billion rubles from Otkritie Holding

Trust previously announced its intention to apply to the arbitration court with a statement declaring Otkritie Holding bankrupt. The holding's debt to BNA is about 450 billion rubles. The amount is formed from non-repaid loans issued by Trust, Otkritie FC Bank, Rost-Bank, and Otkritie Holding bonds on the balance sheet of the Bank of Non-Core Assets (BNA), created on the basis of Trust.

By January 2021, the main asset of Otkritie Holding is AGD (formerly Arkhangelskgeoldobycha, a subsoil user of the Grib diamond tube). The diamond asset, which was developed by Lukoil, was sold to OPI in 2017 for $1.45 billion. The Federal Antimonopoly Service is trying to challenge this deal in court by January 2021.^[2]

2020

Accusation of former co-owner Vadim Belyaev of creating a pyramid in a bank

In early December 2020, it became known about the accusations made by FC Otkritie to the former co-owner of the bank. Vadim Belyaev He is charged with unprofitable transactions with corporate securities and Eurobonds Russia in 2014-2017, due to which Otkritie and its subsidiary bank lost Trust more than 80 billion. rubles More. here

VTB sued $873 million from Otkritie Holding's daughter

On November 26, 2020, it became known that the Arbitration Court had fully satisfied Moscow the claim VTB against the structure of Otkritie Holding, the company "." Opening up industrial investments The latter, according to the court decision, will have to pay the plaintiff $872.88 million, including $825 million of the principal debt on the loan (the rest is interest and a penalty). More. here

Otkritie Holding filed an application with the court to declare itself bankrupt

In February 2020, Otkritie Holding filed an application with the court to declare itself bankrupt.

2017: Central Bank announced the reorganization of Otkritie Holding Bank

The Central Bank of the Russian Federation assured that the bank will continue to work as usual, the bail-in mechanism will not be applied, a moratorium on satisfying the requirements of creditors will also not be introduced, and the Fund for the Consolidation of the Banking Sector will become an investor, its employees and employees of the regulator will become part of the interim administration. On August 29, a temporary administration was introduced at Otkrytie.

"Within the framework of these measures, it is planned to participate the Bank of Russia as the main investor using the funds of the Banking Sector Consolidation Fund," the Central Bank said in a statement.

In the course of measures related to reorganization, Otkritie Holding lost the main asset of Otkritie Bank and almost all of its other assets.

2016

Association with Rosgosstrakh

In December 2016, it became known that the Otkritie Group and the Rosgosstrakh Group were combining to create the largest private financial company in Russia. The group's assets will exceed 4 trillion rubles, the customer base - 50 million people, the number of points of sale of the company - 4 thousand, the total number of employees - 100 thousand people.

The governing body will become Otkritie Holding"." He will control banks the Otkritie, and Rosgosstrakh Bank insurance groups. Rosgosstrakh At the same time, the Otkritie team will develop a banking, investment and brokerage business, as well as asset management, the Rosgosstrakh team - an insurance business. Legal processes to consolidate the organization will continue throughout 2017.

Structure and geography of the holding

Otkritie Holding is one of the leading Russian banking groups, whose main activities are investment banking, commercial banking, brokerage services, and asset management.

The main companies forming the Otkritie holding:

• Otkritie Financial Corporation Bank,
• Bank, KMB Otkritie
• MC "Otkritie"
• Bank "Trust"
• Opening Capital
• Discovery Broker
• Life insurance

2014: Otkritie Financial Corporation renamed Otkritie Holding

Otkritie Financial Corporation has been renamed Otkritie Holding, and NOMOS Bank has been renamed Otkritie Financial Corporation Bank.

At the same time, the holding plans to transform its four banks into two. By the end of 2014, by joining Otkritie Bank to the Khanty-Mansi Bank (Khanty-Mansi Bank), it is planned to create a single bank that will concentrate on banking retail. The bank will operate under the Khanty-Mansiysk Bank - Otkritie brand.

The corporate and investment block of the group will be formed on the basis of NOMOS Bank (now Otkritie FC Bank) by joining Petrokommerts Bank during 2014-2015. At the same time, the retail business of Petrokommerets will move to Khanty-Mansi-Otkritie. Otkritie Holding will own a controlling stake in Otkritie Financial Corporation Bank. Otkritie FC Bank, in turn, will own a controlling stake in Khanty-Mansiysk Otkritie. The brand name of "Discovery" remains unchanged.

2012: Purchase of 20% of Nomos Bank from Czech PPF

The Czech PPF Group has agreed to sell 26.5% of Nomos Bank's voting shares: 19.9% will be acquired by the Otkritie financial corporation, 6.6% by Alexander Mamut (No. 40 in the ranking of 200 richest businessmen in Russia according to Forbes, fortune - $2.1 billion) and former vice president of Altimo Oleg Malis.

Funds from the sale of shares of the Czech group will invest in the further development of key assets in Russia, as well as to enter rapidly growing Asian markets. In the Russian Federation, among the planned investments are real estate projects - logistics centers and office complexes. Also among the priorities is the development of the Eldorado network. In addition, PPF plans to participate in a tender for a license for a mobile operator in the Czech Republic, scheduled for the second half of the year.

2009

Purchase of 25% in the bank "VEFK" and renaming it to the bank "Petrovsky"

At the end of 2009, Otkritie FC LLC acquired a 25% additional issue of shares in VEFK Bank, which was later renamed Petrovsky Bank.

At the end of 2009, OTKRITIE announced the implementation of a strategy to consolidate the banking business, under which it is planned to create a universal joint bank. The new structure will appear on the basis of OTKRITIE Commercial Bank and OTKRITIE Investment Bank. Consolidation will strengthen OTKRITIE's position in the banking market, Russia open up additional opportunities for the development of this business line, and allow the combined bank to become one of the largest players in the Russian financial market.

VTB acquired a 19.9% stake in Otkritie FC

In January 2009, VTB Bank acquired a 19.9% stake in OTKRITIE FC. The representative of VTB Bank joined the Board of Directors of Otkritie FC LLC.

2012: Contribution of shares of NOMOS-Bank and Otkritie Bank to Otkritie N LLC capital

As it became known on September 14, 2012, Otkritie FC will contribute stakes in subsidiaries of NOMOS-Bank and Otkritie Bank to the authorized capital of the Otkritie N LLC index, according to the announcement of the decisions of the meeting of shareholders of the financial corporation.

At the end of August 2012, Otkritie FC, which had previously acquired a 19.9% stake in NOMOS-Bank, announced its intention to buy out the remaining stake in it in the next two years at a price of at least $14 per GDR and become the largest independent public financial group in Russia over the next three years.

FC Otkritie owns 61.53% of the bank of the same name.

According to the report, 18.392 million shares of NOMOS-Bank will be contributed to the capital of Otkritie N LLC, the value of which "for the purpose of paying for shares in LLC" is determined in the amount of no more than 16.5 billion rubles.

The capital of Otkritie N LLC will also include 2.311 billion shares of Otkritie Bank, the value of which is determined at no more than 10.5 billion rubles.

"The nominal value of shares in the authorized capital of Otkritie N LLC, paid for by shares of Otkritie Bank and NOMOS-Bank, will correspond to the value of these shares determined by this decision," the statement said

The term for payment of shares in the authorized capital of Otkritie N LLC is until December 31, 2012.

The largest shareholder of Otkritie FC with a 40.1% stake is businessman Vadim Belyaev, a 19.9% stake is owned by VTB Bank.

2008: Acquisition of RBR Bank and renaming it as Otkritie Design Bureau

2008 was marked by the active entry of OTKRITIE Financial Corporation into the regions - by the end of the year, the company's agency and partner network consisted of 24 points of sale in Russia. In the same year, the NRA assigned the company an individual AAA reliability rating (maximum reliability).

In 2008, OTKRITIE LLC became the first company to participate in the reorganization of banks. In November, OTKRITIE LLC, in cooperation with the Deposit Insurance Agency, acquired RBR Commercial Bank. In June 2009, the bank was renamed CJSC KB OTKRITIE. The acquisition of the bank marked the beginning of the active development of classical commercial banking under the management of FC OTKRITIE.

2007: Establishment of brokerage companies in Britain and Cyprus

In February 2007, IG Otkritie LLC was renamed Otkritie FC LLC as a result of restructuring. In the same year, the financial corporation, in order to develop business in international stock markets, acquired the British brokerage ABC Clearing Limited, which was renamed OTKRITIE Securities Limited. In the same year, OPEN.RU BROKERAGE HOUSE (CYPRUS) LIMITED was registered (later renamed OTKRITIE FINANCE (CYPRUS) LIMITED).

The creation of an international broker operating in accordance with the legislation of the European Union has brought the company to a leading position in the provision of electronic access to foreign capital markets.

2006: Acquisition of SHIELD-Bank

Continuing the movement towards the creation of a universal banking group, IG Otkritie LLC actively developed brokerage services and investment banking. In 2006, IG Otkritie LLC acquired SHIELD-Bank JSCB (hereinafter, OTKRITIE JSCB).

2005: Acquisition of National Management Company

Main article: Otkritie Management Company

In 2005, IG OTKRITIE acquired the management company National (renamed Otkritie Management Company) and entered the market of trust management and mutual funds. At the same time, the NAUFOR rating agency assigned IG Otkritie LLC an AA + rating - very high reliability, the first level.

In 2005, IG Otkritie LLC organized the placement of a three-year bond loan of its subsidiary, OJSC Khanty-Mansiysk Leasing Company OTKRITIE, on the MICEX stock exchange .

2004: Creation of Otkritie Investment Group

In 2004, IG Otkritie LLC was created. "Brokerage house OTKRITIE" entered the structure of the investment group.

2002: "VEO-Otkritie" renamed "Brokerage House Otkritie"

In 2002, VEO-Otkritie OJSC was renamed the OTKRITIE Brokerage House.

Between 2002 and 2004, OTKRITIE Brokerage House was consistently among the top three in terms of exchange turnover with securities on the Russian market. At this time, the company completed a major transaction in the corporate finance sector, acting as a financial consultant in the preparation and conduct of a transaction for the sale of shares in the largest Russian printing complex Almaz-Press.

2001: VEO-Invest and BC Otkritie are merged into VEO-Otkritie

On December 11, 2001, VEO-INVEST OJSC and BC Otkritie CJSC signed an agreement on the merger. As a result of the merger, VEO-Otkritie OJSC was created, which provided clients with a wide range of services, including broker-dealer and depository services, trust management and corporate finance management.

1996: Established "Brokerage Company Otkritie"

In 1996, a group of Russian managers headed by Mikhail Sukhobok created ZAO "Brokerage Company Otkritie," specializing in exchange trading in derivatives. CJSC BK Otkritie became one of the first Russian companies to offer its clients Internet access to trading in the MICEX stock section in December 1999, which allowed it to become one of the leaders in terms of exchange transactions on the Russian stock market for a long time.

1995: VEO Invest established

In 1995, the company VEO Invest OJSC was created on the Russian market. It became the first company subsequently included in the structure of FC OTKRITIE. The shareholders of the company, which was engaged in long-term capital investments in the telecommunications sector of Russia, were private Italian investors. In 1997, VEO-INVEST was headed by Vadim Belyaev, who became the permanent head of the future group of companies.

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