“It’s time to retire,” Oleg Tinkov sold his stake in Tinkoff Bank to Interros

Interros announced the purchase of a 35% stake in TCS Group from the family of Oleg Tinkov, while the deal has already received approval from the Central Bank of the Russian Federation. The terms of the deal were not disclosed. Recall that Kommersant named other contenders.

This is already the second transaction of the company of Vladimir Potanin, president of Interros, on the Russian financial market in April. At the beginning of the month, Interros acquired a stake in the French banking group Societe Generale in Rosbank and its insurance business.

Oleg Tinkov made the following statement in connection with this: “I am proud that, together with my team, I built the best bank in the country from scratch. Consensus in our industry is the best digital bank in the world and based in Russia. Now it’s time to retire to take care of your health and family.”

“It’s time to retire,” Oleg Tinkov sold his stake in Tinkoff Bank to Interros

Interros, as a long-term financial investor, is interested in the Tinkoff Group’s continued leadership in the Russian banking market. We expect that the participation of Interros as a new shareholder in the capital, combined with the unique experience of the Tinkoff Group’s management team, will become a good impetus for the further development of the Group’s business, create added value for all shareholders, and provide an even more modern and high-quality service for its customers .

Vladimir Potanin

Tinkoff Chairman of the Board Stanislav Bliznyuk added that the new shareholder is interested in maintaining the high performance of the group and its team.

Source: ixbt

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