March 13, 2019 / 8:34 AM / in a month

Russia plans to inject 50 bln rbls into Promsvyazbank in 2019-21

MOSCOW, March 13 (Reuters) - Russia plans to inject 50 billion roubles ($762.40 million) into Promsvyazbank in 2019-2021, Deputy Finance Minister Alexei Moiseev said on Wednesday.

Russia’s Promsvyazbank was taken over by the central bank in 2017 and now handles defence sector loans. ($1 = 65.5825 roubles) (Reporting by Darya Korsunskaya Writing by Polina Nikolskaya Editing by Maria Kiselyova)

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