It has become known who is buying up frozen assets of Russian citizens

13.08.2024 16:28

Non-residents acquired approximately a quarter of all frozen assets in the Russian Federation.

The total amount of transactions carried out amounted to 8.1 billion rubles.

The details were disclosed by the broker "Investment Chamber". It acted as the organizer of the trades, RIA Novosti writes.

At the first stage, about 23% of assets were sold using non-resident funds. The value of all applications is estimated at more than 35 billion rubles.

During the first stage, over 708 thousand individuals partially sold their securities. Assets were transferred from more than 100 brokers and management companies.

Rubles
Photo: © TUT NEWS

The trades took place within the framework of a mechanism that gives foreign investors the right to purchase blocked foreign assets from Russians using money from type “C” accounts.

Since February 2022, assets of foreign citizens have been concentrated in them.

Author: Dmitry Bobrov Editor of Internet resources