Bank VTB 24 announced a private placement of 11,152,416,357 shares at a price of RUB 2.69 per share for gross proceeds of no more than RUB 30,000,000,001 on January 17, 2014. The transaction will include participation from only existing shareholders. Upon completion of the transaction, JSC VTB Bank will hold at least 99.82% stake in the company. After the additional share issue of RUB 30,000,000,001 the company will have increased its charter capital by 40% to RUB 104,400,000,000. The transaction was approved by the supervisory board of VTB Bank.

On January 23, 2014, the company amended the terms of the transaction. It will issue 74,394,400,589 shares at RUB 2.69 per share for gross proceeds of RUB 200,120,937,584.41. The transaction was approved at special meeting by holders.

On February 3, 2014, Bank of Russia registered the common stock issue. The company reported net profit of RUB 22,196,000,000 for the year ended 2013.

On June 16, 2014, the company announced that the transaction has been approved at its annual meeting. The company will issue 85,547,070,081 shares in the transaction. The shares have a par value of RUB 1 per share.

On June 18, 2014, the company announced that the transaction has been approved by the supervisory board of JSC VTB Bank. JSC VTB Bank will invest no more than RUB 13,900,000,000 in the transaction. The company will issue 85,547,070,081 shares at RUB 2.31 per share for gross proceeds of RUB 197,613,731,887.11 in the transaction. After the completion of the transaction, JSC VTB Bank will hold no less than 99.8351% stake in the company. The company reported profit before tax of RUB 46,946,000,000 for the year 2013.