Russia’s VTB acquired 19% shares in Qatar’s CQUR Bank

TASS Russian News Agency | Aug 15, 2019 at 9:43 AM

MOSCOW, August 15. /TASS/. Russia’s VTB Group has become the owner of a 19% stake in Qatari CQUR Bank, the group said in its report.

Details of the transaction are not specified.

CQUR Bank was registered in January this year. According to the Qatar Financial Center, the bank’s registered capital is $100 mln.

The website of the Qatari bank is under construction.

TASS is waiting for VTB comments.