VTB nears 36-billion-ruble deal to take over Pochta Bank stake

Russia's VTB is on the brink of a major banking expansion—but one last hurdle stands in its way. Will regulators sign off before December?

, and Administrator

2026 May 14 . 10:07 AM

1 min read

The image shows an old book with a picture of a New Russia Company Limited stock certificate on it.... — The image shows an old book with a picture of a New Russia Company Limited stock certificate on it. The certificate is printed on a piece of paper with text and numbers written on it, likely indicating the stock price of the company.

VTB nears 36-billion-ruble deal to take over Pochta Bank stake

VTB is moving forward with a 36-billion-ruble deal to acquire Russian Post’s stake in Pochta Bank. The bank has already sought approval from regulators, including the Federal Antimonopoly Service and the Central Bank. Completion is targeted by the end of the year. The transaction will involve an expenditure from VTB’s existing capital. According to Deputy President Denis Pyanyov, the bank has submitted the necessary requests for regulatory clearance. However, one additional application remains pending.

VTB currently holds capital buffers that exceed regulatory requirements. The deal is not projected to alter its capital adequacy ratios significantly. Analysts suggest the impact on the bank’s financial stability will be minimal. If approved, the acquisition will mark VTB’s expanded presence in the banking sector. The 36-billion-ruble purchase is set to conclude before year-end, provided all regulatory conditions are met. No major changes to VTB’s capital position are anticipated as a result.