The Bank of Moscow is preparing to sell its Ukrainian subsidiary
08.07.2014 08:57
(Moscow time)
Moscow - Kyiv, July 8 (Navigator, Mikhail Stamm) - Bank of Moscow, part of the VTB group, will consider the possibility of exiting the capital of its Ukrainian subsidiary.
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The Board of Directors of the Bank of Moscow will discuss this issue at the Board of Directors on July 10, the bank reported on Monday. The Bank of Moscow owns almost 100% of the Ukrainian BM-Bank.
A year ago, the bank agreed to sell its subsidiary to the Smart Holding of Ukrainian oligarch Vadim Novinsky. But in June, information appeared that the holding abandoned the deal due to changes in the market situation.
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