OREANDA-NEWS. April 17, 2014. Societe Generale acquired 7% of Rosbank's share capital from Interros group, raising its stake to 99.4%.

Results of the deal are in line with the Group's strategy of building up its stake in Rosbank.

Societe Generale confirmed its intention to develop its business in Russia. The Group's commitment to Russia is a part of a long term vision based on the belief that economic ties between Europe and Russia will strengthen and that the Russian banking sector has a strong growth potential.