Public Joint Stock Company "SAFMAR Financial investments" (MISX:SFIN) plans to sell its credit brokerage company Direct Credit Center LLC and non-state pension fund NPF Mospromstroy Fond, Kommersant reported July 07, 2021. Direct Credit Center, which specializes in point-of-sale lending services, is set to be taken over by Public Joint Stock Company M.video (MISX:MVID). The pension fund, on the other hand, could be sold to Russian investment group Russkie Fondy, according to sources cited by the newspaper.

The transactions could be completed in July or August, with their total value estimated at RUB 1.8 billion. Proceeds from the deals could be used by Safmar to repay some of its financial obligations, Kommersant reported.