20:06 GMT +316 February 2019
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    Gazprombank cuts its share in Russian credit history bureau

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    MOSCOW, August 31 (RIA Novosti) - Gazprombank, a subsidiary of Russian energy giant Gazprom [RTS: GAZP], said Thursday it had reduced its interest in the charter capital of Russia's National Bureau of Credit Histories from 6.96% to 3.5%.

    An official statement from the bank said the change had taken place on August 15.

    The National Bureau of Credit Histories was established in March 2005 on the initiative of the Association of Russian Banks. Its founders include several leading Russian banks, along with international companies CRIF and TransUnion.

    The NBCH received state registration in February 2006. Its charter capital is 126 million rubles ($4.71 million).