SUBSCRIBERS
Russia moves to help companies refinance foreign loans
Published Wed, Dec 24, 2014 · 09:50 PM
Moscow
RUSSIA'S central bank said on Wednesday it would help major Russian companies refinance foreign loans by lending money in hard currencies to those who are willing to put their foreign loans as collateral with the regulator.
While Russia has minimal sovereign foreign debts, Russian state and private companies and banks have accumulated a total of US$600 bil…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US economy growing at ‘modest’ pace in many regions: Federal Reserve
‘No trade war’, says Biden, pushing to triple tariffs on Chinese steel
China slams US move to investigate its shipbuilding industry
Bank of Korea chief signals readiness to deal with volatile currency moves
Banks told to anticipate risks from using AI, machine learning
Earthquake jolts southern Japan’s Ehime, Kochi prefectures