Press Service

The Central Bank of the Russian Federation (Bank of Russia)

Press Service

12 Neglinnaya Street, Moscow, 107016 Russia;
www.cbr.ru

Information Notice

On acquiring shares of JSC AVB Bank

The Bank of Russia acquired shares of Joint-stock Company AVTOVAZBANK (Reg. No. 23) (hereinafter, JSC Bank AVB or the Bank) from Promsvyazbank PJSC (Reg. No. 3251). The acquisition resulted in the Bank of Russia’s full ownership of the Bank’s ordinary shares.

This action is part of the plan of the Bank of Russia’s participation in bankruptcy prevention measures for JSC Bank AVB .

18 May 2018

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