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.
Recommended Citation
Interfax, "CBR to invite consultants for sale of Otkritie in early 2020, seeks to sell bailed-out banks to private entities - Nabiullina" (2019). Documents. 2664.
https://elischolar.library.yale.edu/ypfs-documents2/2664