On Financial Resolution Measures Applied to PJSC BANK URALSIB
As a result of the investor selection held by the Agency to participate in the bankruptcy prevention measures, the most favourable financial terms were offered by Russian businessman Vladimir Kogan (hereinafter, the Investor).
In accordance with the approved participation plan, the Investor will acquire no less than 75% of shares of PJSC BANK URALSIB.
The Agency will provide the Investor with financial aid out of the Bank of Russia loans in the amount adequate for the Bank's stable functioning.
PJSC BANK URALSIB will continue its activity, including honouring obligations to customers and making settlements and payments. The Investor's participation will ensure further smooth functioning of PJSC BANK URALSIB.