OREANDA-NEWS QIWI has completed a deal to sell Russian assets. This was stated by the new CEO of QIWI plc Alexey Mashchenko, writes RBC.

"Our priority is to create shareholder value and ensure sustainable and profitable business growth over time," Mashenkov said, noting that the company is now "looking forward to new opportunities."

Earlier, QIWI announced that it would sell Russian assets to a Hong Kong company owned by Chief executive Officer Andrey Protopopov for 23.75 billion rubles.

Since July 26, 2023, Kiwi Bank has limited the withdrawal of funds to bank accounts from wallets by individuals, as well as cash withdrawals on the instructions of the Bank of Russia. The regulator issued a restrictive order to the organization, and it decided to limit some operations for Russians.