You are here

Russia to bail out Trust Bank with up to 30b roubles

Moscow

RUSSIAN mid-sized lender Trust Bank is to receive up to 30 billion roubles (S$717.5 million) from the central bank to stop it going bankrupt in the first bailout of its kind during the current rouble crisis.

The central bank said that its Deposit Insurance Agency,

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom