Sovcombank submitted to the extraordinary meeting of shareholders the issue of increasing the authorized capital to 2.25 billion rubles as part of the merger of Home-Bank. At the meeting scheduled for January 28, shareholders propose to approve the placement of 1.82 billion ordinary shares with a par value of 0.1 rubles each.

Sovcombank's Supervisory Board has set the buyout price at ₽14.12 per share. Shareholders who vote against the reorganization of the company through the merger of Home Bank or do not participate in the voting at the general meeting on January 28, 2025 will have the right to demand a buyout. Demands for redemption of shares should be submitted not later than...

Sovcombank has acquired the fintech platform Rocket, which previously operated under the Rocketbank brand under the license of Kiwi Bank, whose business was shut down, sources told Kommersant. To restart the project will require ₽1-3 billion, experts believe.

Sovcombank's IFRS net profit for 9 months of 2024 amounted to ₽56.5 billion, down 26% from ₽76.4 billion in the previous year. Net interest income rose 13.6% to ₽117.9 billion against ₽103.8 billion a year earlier.