Rosbank is considering selling its retail loan portfolio ahead of its planned merger with T-Bank, sources told RBC. For sale may be put up non-performing mortgage loans, which will free up ₽35-45 billion of capital reserved for them. Additional capital may be needed for the group to ramp up lending. For this purpose, T-Bank needs more than ₽200 billion.

Board of Directors of TCS Holding approved an independent valuation of Rosbank within the framework of the merger at ₽129.4 per share. Taking into account the rights of claims on subordinated debt and other assets under the closed subscription, this valuation implies a P/B multiple of 1.05 relative to Rosbank's 2023 IFRS total capital. Completion of the tran...

Shareholders of Rosbank approved dividends for 2023 in the amount of ₽2.9 per ordinary share. The last day of purchase of securities to receive dividends is May 24, 2024. Dividend yield may amount to 2.37%.

Rosbank's net profit under IFRS for 3 months of 2024 amounted to ₽7.2 billion, which is 17.2% lower compared to ₽8.7 billion in the previous year. Net operating income increased by 6.4% to ₽19.9 billion from ₽18.7 billion a year earlier.