Far Eastern Bank has acquired 11.12% shares of Vladivostok Sea Fishing Port (VSFP) from Interlink LLC, the company informs. Thus the bank has raised its share in the port to 17.69% while Interlink LLC does not have any shares of the port after the deal.
The Vladivostok Sea Fishing Port is safely located within the sheltered waters of the Golden Horn Bay. The nonfreezing Golden Horn Bay is well protected from winds and has all-the-year-round navigation. The Fishing Port comprises 10 berths with a combined berthing length of 2020m with alongside depths of between 9.8m and 12.4m.
The general area of the port is more than 323 700 square meters. In the 5-month period of 2008, the company handled 378,000 tonnes of different cargo.
Far Eastern Bank is coeval with Russian banking system. Today Bank holds first place among independent banks of Far Eastern Federal District by the amount of shareholders’ equity being the largest financial institution of the Region particularly by the amount of assets. Far Eastern Bank is part of interregional banking group whose principal shareholder is oil company “Rosneft”.
Far Eastern Bank takes first place among independent banks of Far Eastern Federal District by the size of credit portfolio.