TITLE

Central Bank to allocate 127 bln rubles to Trust sanation, FC Otkritie Bank named investor (Part 3)

AUTHOR(S)
Interfax
PUB. DATE
December 2014
SOURCE
Russia & CIS Business & Financial Newswire;12/26/2014, p1
SOURCE TYPE
Newswire
DOC. TYPE
Article
ABSTRACT
MOSCOW. Dec 26 (Interfax) - FC Otkritie Bank (MOEX: OFCB) has been selected to serve as the investor during financial recovery procedures at Trust Bank (MOEX: HBTT), which faced insolvency following a run on deposits last week, the Central Bank of Russia said on its website.
ACCESSION #
100129352

 

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