11 Aug 2017, Radoslav Handzhiev, EMIS Editor
Crimean govt invites Sobinbank as systemic investor in Genbank
Bank Rossiya and the Simferopol based Genbank are both under Western sanctions. The measures to enhance financial stability will allow the Genbank to expand lending programmes of priority to the Crimean economy and population and the scope of its banking services.
The temporary administration, will not affect Gebank’s operations, until its takeover by Sobinbank, he added.
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