"Absolut Bank" to sell some of its branches

"Absolut Bank is planning to get rid of the offices located in Voronezh, Barnaul, Stavropol, Saratov and other cities in Siberia, according to Kommersant. The price of each of them may exceed $ 0.5 million previously led the credit institution in active talks to sell nine of its divisions Raiffeisenbank, but in the end deal never took place. Among possible buyers of bank branches is considered bank "Orient Express", which in 2010 bought a Russian subsidiary of Spanish bank «Santander» and bought a «Morgan Stanley» «City Mortgage Bank." "Absolut Bank" takes 38 place in terms of assets and 51's - in terms of equity capital. In 2007, for $ 1 billion it bought the Belgian group «KBC». The Bank has 71 offices in 24 regions of the country.