TITLE

Bank Otkritie to buy 99 bln rubles in OFZ for Trust Bank bailout

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) - Bank Otkritie (MOEX: OFCB), which will act as the investor for the Trust Bank (MOEX: HBTT) bailout, will invest 99 billion rubles in ten-year federal loan bonds (OFZ), Mikhail Sukhov, deputy head of the Central Bank of Russia, told Interfax.
ACCESSION #
100129397

 

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