Interros Capital to acquire a 99% stake in Rosbank from Societe Generale.

Interros Capital, an investment firm, agreed to acquire a 99% stake in Rosbank, a Russian universal bank whose, from Societe Generale, a French multinational investment bank and financial services company. Financial terms are not disclosed. "Interros will do its utmost to develop Rosbank business, it considers integration of digital technologies and products into the traditional banking services as a priority. The key objective of Interros is to maintain the stability of Rosbank and to create new opportunities for its clients and partners. We intend to run the bank's business in accordance with the best standards and practices. We are confident that the professional Rosbank team is able to cope with any challenges and ensure sustainable development of the bank," Vladimir Potanin, Interros President.