In 2003, Finstar purchased a controlling stake in a Latvian commercial bank, Baltic Trust Bank. In 2006, Finstar sold its 79% stake to GE Capital, the banking and Finance arm of General Electric. In 2006 Boyko entered the real estate market through a new holding company, Finstroy. In 2004, Boyko sold his 20% stake in EvrazHolding for approximately $600 to $700 million prior to its listing on the London Stock Exchange.