Extraordinary General Meeting of VTB shareholders approved an increase in the authorized capital of the bank by ₽302bn through the placement of 30 trillion additional ordinary shares by private subscription. VTB expects to place an additional issue to the Federal Property Management Agency and the Ministry of Finance with payment by shares of the Crimean bank RNKB, which was valued at ₽48.4 billion, as well as claims on a subordinated deposit of ₽100 billion from the National Bank and cash. At the same time, the price of the offering has not yet been determined.