EDB says council cuts RussiaТs share to 44.8% from 66% - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

EDB says council cuts RussiaТs share to 44.8% from 66%

MOSCOW, Jan 16 (PRIME) -- The Eurasian Development BankТs (EDB) council has approved a redistribution of the bankТs charter capital among its participants, and the Russian share has been reduced to 44.7878% from 65.9761% as a result, the bank said in a statement on Monday.

УA portion comprising 321,151 shares held by the Russian Federation in the BankТs paid-in capital has been evenly distributed among the other member states and, as a result, the Russian FederationТs stake in the EDB has decreased from 65.9761% to 44.7878%,Ф the statement read.

End

16.01.2023 15:57
 
 
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