Suleiman Kerimov has become the largest shareholder of the bank

Member of the Federation Council of Dagestan, as well as one of the wealthiest businessmen of the country Suleiman Kerimov became the owner of the securities of VTB Bank. This is reported by Vedomosti, citing an anonymous source. Purchase of $ 500 million made by Swiss company Millennium Group and other unidentified fund owned by the Karimov directly. According to the source, the senator claimed to be 5% stake in VTB, but eventually he was able to purchase only 1.5%. Karimov believes such a deal advantageous because Capitalization of the State Bank, he predicted, could grow in the next few years, about 2-3 times. It is not excluded that a businessman wants to buy and stocks of Sberbank, 7.58% of which will be available to investors. The total price of this package is estimated on the exchanges at $ 5.5 million should be reminded that before the biggest buyers of shares of bank VTB considered an Italian insurance company «Generali», which bought securities for $ 300 mln.Kazhdaya depositary receipt was sold for $ 6.25, and a separate Action by 9.14 rubles. Sale 10% stake in the bank held by a financial organization within the framework of large-scale privatization. As a result, 75% owned by the state today, and others - to private investors and investment funds.