Bips & Pieces

Russia Sovereign Wealth Fund to Buy Out Central Bank Stake in Sberbank

The move is expected to ease concerns about the potential conflict of interest (regarding the CBR’s partial ownership of Russia’s biggest bank) and should provide additional funds for the “January Revolution” of additional social spending announced by President Putin at the start of this year.

By Bonds & Loans

Feb 17, 2020 // 3:30PM

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