Publisher
JSC PRIME
Media Date
9-26-2017
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, Sep 26 (PRIME) -- The Russian central bank expects to complete preparation of Otkritie Financial Corporation (FC) Bank and B&N Bank , which are undergoing bailout procedures, for a sale in two years, Deputy Chairman Vasily Pozdyshev said at a conference on Tuesday. “We are setting a target to make the banks ready for sale in two years,” Pozdyshev said, adding that the deals will depend on market conditions.
Recommended Citation
Prime News, "Official: Russian cbank to sell Otkritie FC Bk, B&N Bank in 2 years" (2017). Documents. 2683.
https://elischolar.library.yale.edu/ypfs-documents2/2683