Sovcombank improved the terms of the acquisition of Home Bank. Valuation of Home Bank was reduced by 13%. At the same time, the valuation per share of Sovcombank was reduced by 10% to ₽15.69. Structure of the transaction has also been changed to optimize and accelerate the integration of Home Bank into Sovcombank. Previously proposed structure will not be approved at the bank's shareholders' meeting scheduled for August 1, 2024. Another meeting will be scheduled to approve the new structure, which Sovcombank will announce at a later date.