Russia’s central bank gets 99.9% stake in Otkritie FC Bank
MOSCOW, Dec 11 (PRIME) -- The Russian central bank has consolidated a 99.9% common stake in Otkritie Financial Corporation (FC) Bank, the authority said in a statement on Monday.
“The Central Bank of Russia has become an owner of more than 99.9% of common shares of Otkritie FC Bank. The mentioned actions were made in the framework of the central bank’s participation in measures to prevent bankruptcy of Otkritie FC Bank envisaging acquisition of an additional issue of common shares of the bank for 456.2 billion rubles,” the authority said.
Otkritie FC Bank is undergoing a bailout launched by the central bank at the end of August.
(59.2811 rubles – U.S. $1)
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11.12.2017 15:44