Moscow Exchange stops trading in Rosbank shares due to its merger with T-Bank. Last day of trades in the bank's securities will be November 11.

Shareholders of T-Bank and Rosbank approved the merger of Rosbank into T-Bank as a branch in the first quarter of 2025. Rosbank shares will be exchanged for T-Bank securities at the rate of 1 T-Bank share for 5.88 Rosbank shares. Rosbank shares can also be sold to T-Bank at ₽129.4 per share.

Rosbank, which will be merged with T-Bank next year, has cut the number of its branches almost threefold - from more than 200 in May 2024 to 82 in October. By the end of the year, the bank will be left with about 30 operating branches.

T-Bank will buy the remaining shares of Rosbank from minority shareholders for ₽129.4 per paper. Acceptance of the offer can be made within 70 days.