Reuters logo
Russian c.bank head: merger of Otkritie, B&N bank a "workable option"
October 5, 2017 / 9:40 AM / in 2 months

Russian c.bank head: merger of Otkritie, B&N bank a "workable option"

SOCHI, Russia, Oct 5 (Reuters) - Russian Central Bank Governor Elvira Nabiullina said on Thursday that the possible merger of two troubled lenders, Otkritie Bank and B&N Bank, was a “workable option.”

The central bank earlier this year bailed out Otkritie , once Russia’s largest private bank, and B&N, ranked No. 12 as of early September. The central bank said it would like to sell the two lenders following their financial rehabilitation.

Reporting by Kira Zavyalova; Writing by Andrey Ostroukh; Editing by Gabrielle Tetrault-Farber

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below