Public joint stock company BANK URALSIB (MISX:USBN) agreed to acquire Portfolio of Ruble-Denominated personal installment loans from Joint Stock Company Commercial Bank Citibank on October 28, 2022. Citi has also agreed to transfer to Uralsib a portfolio of ruble-denominated credit card balances, subject to customer consents. No employees or branches are expected to transfer as a result of these transactions. Jeffrey A. Brill of Skadden, Arps, Slate, Meagher & Flom LLP is acting as Citi's legal advisor. The consumer loans are expected to be transferred by end of 2022 and credit cards during the first half of 2023.

Public joint stock company BANK URALSIB (MISX:USBN) comleted the acquisition of Portfolio of Ruble-Denominated personal installment loans from Joint Stock Company Commercial Bank Citibank on December12, 2022.