Author/Creator

Interfax

Publisher

Interfax: Russia & CIS Business and Financial Newswire; Aven Skeptical about Prospects of Otkritie Sale: We Have Another Long-Term State Bank. Interfax-America, Inc.

Media Date

12-25-2019

Media Type

Document

Content Type

News Article

Country/Region

Russia

Language

English

Crisis

Russian Private-Banking Crisis (2017)

Case Series

Ad hoc Capital Injection

Intervention

Ad hoc Capital Injection

Additional Information

MOSCOW. Dec 25 (Interfax) - The Central Bank of Russia (CBR) is planning to hire investment consultants to prepare the sale of the Otkritie Group, which is planned for 2021, Central Bank Governor Elvira Nabiullina said in an interview with Interfax. "Early next year, we will invite investment consultants, who will help us settle on a strategy for the CBR to withdraw from the capital of Otkritie Group: as far as the timeline of the sale, the means of the sale, how to sell - as the group or in separate segments," Nabiullina said.

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