TransCreditBank suggests buying shares

TransCreditBank’s Board of Directors met recently to issue a recommendation to the bank’s shareholders: the directors suggest that the shareholders accept Bank VTB’s obligatory offer regarding the acquisition of TransCreditBank’s securities, the bank’s official release states.

The securities in question are 1,299,222,305 shares of TransCreditBank worth 21 RUR apiece that Bank VTB wants to buy.

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