The accession procedure lasted 11 months. The transaction was implemented in two stages: at the first stage, Sovcombank acquired 10% of Home Bank for cash, and at the second-the remaining 90% by issuing 1.8 billion new shares of the Bank. The number of issued shares of Sovcombank will increase from 20.7 billion to 22.5 billion units after the registration of an additional issue in April 2025. "The acquisition of Home Bank allowed us to strengthen our leading position in the retail lending market and become absolute leaders in POS lending. We have gained a significant increase in the customer base and loan portfolio, as well as valuable experience of the Home Bank team. I am confident that in the long term, the synergy of our businesses will continue to bring additional benefits to both customers and shareholders of the bank," says Dmitry Gusev, Chairman of the Management Board of Sovcombank.