OREANDA-NEWS. November 19, 2010. FAS informed about the approval of BSGV’s merger to Rosbank. BSGV and Rosbank will form a single structure with two independent brands, while Rusfinans Bank (a consumer loan specialist) and DeltaCredit (mortgages) will become wholly-owned subsidiaries of the new company. The merger is planned to be completed by summer, 2011.

Societe Generale is the principal shareholder of ROSBANK, owning 65.7% of its shares, another stake (more then 30%) belongs to its Russian partner Interros.