Search

AMERICAN EXPRESS BANK IS BEING LIQUIDATED

... the Russian Federation. In fact, the banks faced a choice – either to liquidate or to sell the business. The decision to liquidate, in addition to American Express Bank, was also made by Nordea Bank. Mercedes-Benz Bank Rus, N-Bank, J&T Bank, and Icano Bank have chosen to sell the business. At the same time, we remind you that in order to voluntarily surrender a license, you must obtain the appropriate consent.

NORDEA BANK IS LEAVING RUSSIAN MARKET

The day before, it became known about the decision of the Nordea Group to close the bank of the same name in Russia. The corresponding announcement has already been published on the official website of the bank. The reason for this was the desire of the company to concentrate on the Scandinavian market, in connection with which the ...

VTB WILL TRANSFER ASSETS WORTH 170 BILLION RUBLES TO A NEW LEGAL ENTITY

VTB shareholders (MOEX: VTBR) have approved the creation of a separate legal entity to manage blocked assets. This decision was made at an extraordinary meeting. By the end of 2024, the bank intends to transfer assets and debts to creditors from unfriendly countries to a new separate legal entity. The total amount of obligations is up to 170 billion rubles, Kommersant clarifies. As explained in the VTB press service, such a measure will ...

Sorted by relevance | Sort by date