WPS

Publisher

WPS USA, Inc.

Media Date

12-20-2018

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

Bank Otkritie FC returned the funds of the Central Bank of the Russian Federation, Alexander Pakhomov, head of the regional network management unit, board member of FC Otkritie, told reporters in Yekaterinburg on Wednesday. "We have absolutely returned all the money that the Central Bank allocated to us. In fact, we returned it. And now we are funding with clients' money, repo," he said.

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