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The US is pressuring the biggest Western bank in Russia to cancel a $1.6 billion industrial investment
The Raiffeisen Bank International remains the biggest foreign-owned lender remaining in the country, as efforts to sell or spin off its Russian unit have struggled since Moscow's tightened exit ...
The Financial Times25d
ING sells Russian business to Moscow-based company
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dutch bank ING has agreed to sell its Russian business to a Moscow-based company, taking a €700mn hit to ...
Interfax1d
Limits on lending through IDF to increase to 3-5 bln rubles amid Central Bank of Russia's high key rate - industry and trade minister
MOSCOW. Feb 20 (Interfax) - Russian authorities plan to raise limits on one of the most sought-after support mechanisms for enterprises - preferential loans from the Industrial Development Fund (IDF) ...