Sovcombank has closed a deal to acquire 100% of Capital Life Insurance LLC, which is one of the largest players in the long-term life insurance market in Russia. Deal will have a positive impact on Sovcombank's consolidated earnings and capital in 2026. Bank has not disclosed the amount of the deal. RBC sources previously reported that Capital Life is valued...

Largest electronic trading platform, B2B-RTS, has announced its intention to conduct an IPO on the Moscow Exchange. Investors will be offered 11.5% of the platform's shares, which are owned by Sovcombank and financial investors in proportion to their shares. Size of the management package will remain unchanged. Sovcombank will maintain a significant stake in...

Sovcombank's net profit under RAS for 2025 amounted to ₽40.9 billion, up 49.8% from ₽27.3 billion in the previous year. Net interest income increased by 9.7% to ₽148.8 billion against ₽135.7 billion a year earlier.

Sovcombank's net profit under IFRS for 2025 amounted to ₽53.2 billion, down 31% from ₽77.2 billion in the previous year. Net interest income before provisions increased by 11.7% to ₽176.52 billion against ₽158.06 billion a year earlier. Net commission income increased by 24% to ₽48.9 billion.