Regional Savings Bank has raised its charter capital by Rub 200 mln, or by more than twice, from Rub 167.13 mln to Rub 367.13 mln. As specified on the Bank of Russia’s website, this corporate action was taken on September 18.

In accordance with the changes in the bank’s registration data, which the Federal Information Service recorded, Oleg Sadovnikov made a Rub 200 mln contribution to the lender’s charter capital. So, the new participant controls nearly 54.5% of the bank’s upsized charter capital.

The new ownership structure has not yet been disclosed on the website of Regional Savings Bank itself and, consequently, there is no information on the new controlling shareholder. To remind, a man named Oleg Vladimirovich Sadovnikov is a deputy management board chairman at Yar-Bank and he is in charge of large corporate and VIP clients. An explanatory note runs that he has been in banking business since 1995 and also “participated in the operation and development of several banks, being their shareholder”.

Until the latest corporate action Oleg Safonov was the only owner of Regional Savings Bank. For the record, the former RTS CEO (RTS is now part of the Moscow Exchange), who is now an acting head of the Federal Tourism Agency, purchased the bank from five limited liability companies in March 2014. Oleg Safonov was also previously a co-owner at such financial institutions as IMoneyBank (former AltaiEnergoBank), Idealbank (previously United Exchange Bank) and Project Finance Bank (its license was revoked last December).

Regional Savings Bank, in spite of its corporate name, operates in Moscow. In its region it ranks 312th in terms of assets (Rub 2.2 bln) and 541st nationwide (the data as of September 1, 2014).