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Russian electronics retailer M.video says business as usual despite B&N Bank situation
September 20, 2017 / 1:31 PM / 3 months ago

Russian electronics retailer M.video says business as usual despite B&N Bank situation

MOSCOW, Sept 20 (Reuters) - Russia’s largest home electronics retailer, M.video, said on Wednesday “it is business as usual” despite the situation with Russia’s B&N Bank.

M.video and B&N Bank are owned by Safmar group. B&N Bank, the country’s 12th biggest lender by assets, has sought a bailout from the central bank. (Reporting by Olga Sichkar; writing by Polina Devitt; editing by Dmitry Solovyov)

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