print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Rosneft Oil Company REGISTER LOG IN

Press Releases > Rosneft Oil Company  all about the company

company search
all press releases
all Rosneft Oil Company press releases

Rosneft Oil Company

June 23, 2006

Rosneft wins the auction for the sale of 25.49% of VBRR

On June 23, 2006, Rosneft won an auction for the sale of 25.49% (19,500 common registered shares) in the charter capital of the Pan-Russian Bank for Regional Development (VBRR), held by the Federal Property Management Agency.

Rosneft paid 332.7 million rubles for the Federal Property Management Agency's block of shares, and now owns 76.47% of shares in the bank.

VBRR's other shareholders are: Vneshtorgbank  13.3%; Volgaburmash  5%; the Orlovskaya Oblast Administration's State Property Department  3.92%; the Irkutsk Oblast State Property Management Committee  0.65% and the Association of Economic Interaction of Russian Federation Subjects, the Central Federal District Central-Chernozem District  0.65%.

VBRR was created pursuant to a Russian Federation Government Resolution and started its operations in 1996. The bank is a universal credit institution, offering its clients the full range of banking services. In terms of performance indicators, reliability and financial and economic ratios, VBRR ranks amongst Russia's top 50 banks.

The bank's equity capital as at June 1, 2006 totaled 1.2 billion rubles, assets comprised 21.4 billion rubles, and charter capital 765 million rubles. The bank holds a General License, and is an affiliated member of the international MasterCard International payment system and a principal member of the international VISA International payment system. VBRR has been part of the deposit insurance scheme since 2005.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer