MOSCOW, March 14 (Reuters) - Russia's TCS Holding

, which is controlled by the Interros group founded

by Vladimir Potanin, said it will seek to integrate Rosbank into

the holding to increase its share of Russia's financial market.

Potanin's Interros, one of the most powerful private

investment companies in Russia, bought Rosbank from France's

Societe Generale in 2022, followed by Tinkoff Bank

from businessman Oleg Tinkov.

"The successful redomicilation of the group and the

formation of a full-fledged corporate governance structure make

it possible to launch strategic initiatives aimed at

outstripping business growth, including non-organic business,"

Alexei Malinovsky, head Tinkoff Group's board, said.

TCS Holding, which owns online bank Tinkoff, said it

would propose that shareholders consider integrating Rosbank

into the group to "strengthen its financial market position".

The holding's board of directors has decided to initiate

a buyback of up to 19 million of its own shares on the market,

representing about 10 per cent of the company's share capital,

it added.

TCS almost quadrupled net profit last year to 80.9 billion

roubles ($883.5 million), it said.

($1 = 91.5650 roubles)