VTB shareholders have approved the parameters for the conversion of preferred shares into ordinary shares. Shares will be converted based on the ratio of the par value of the preferred shares to the weighted average exchange price of ordinary shares at ₽82.67. To achieve this, the bank will issue 6.3 billion additional ordinary shares.

Information about the alliance between VTB and Wildberries is not true, the press service of the combined company Wildberries and Russ told TASS. Earlier, RBC sources reported that VTB and the Wildberries marketplace were discussing integration options.

VTB and the Wildberries&Russ marketplace are discussing options for alliances, according to RBC sources. Configuration of a possible deal has not yet been agreed upon: the parties have not yet determined the ownership scheme, shares, or their valuation. As a result of the deal, VTB may receive commission income from payments on the platform and access to the...

VTB plans to sell all of its agricultural assets, according to the bank's CEO, Andrey Kostin. Bank is already preparing a tender for the purchase of one of its largest assets, the Pokrovsky agricultural holding in the Krasnodar region.