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By Reuters Staff
1 Min Read
MOSCOW (Reuters) - TCS Group, which runs Russia’s largest online bank Tinkoff, has agreed to buy a 7.5% stake in the St Petersburg Exchange, Russia’s major exchange for trading foreign stocks, it said in a statement on Friday.
The exchange, which already works closely with TCS through the Tinkoff Investments platform, told Reuters this year it may expand the range of its financial instruments before an initial public offering possible in 2022.
TCS and the bourse’s major shareholder, NP RTS, signed a memorandum of cooperation at the St Petersburg International Economic Forum, agreeing that NP RTS would sell the lender a maximum of 7.5% of the exchange’s share capital.
Russia s vaccine tourism: Putin to offer Covid-19 jabs to foreign visitors for a fee Reuters
Russia may provide Covid-19 vaccinations for a fee to foreigners who travel to the country, President Vladimir Putin told an economic forum on Friday, as Moscow seeks to enhance its global reputation with its Sputnik V vaccine.
Addressing the St Petersburg International Economic Forum (SPIEF), Putin said many people are coming to Russia to get a shot. I am asking the government to study this issue in full by the end of the month, to establish conditions for foreign citizens to get vaccinated in our country for a fee, he said without providing more detail.