EBRD to invest up to RUB 1 billion in capital of RosEvroBank
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Monday, 24 Oct 2011
It is reported that the European Bank for Reconstruction and Development plans to invest up to RUB 1.9 billion in the acquisition of the currently traded and newly issued shares of RosEvroBank.
The EBRD will therefore become the owner of 11% of shares of RosEvroBank.
It will be recalled that the Board of Directors of the EBRD approved buying into the capital of RosEvroBank on June 1 2011.
(Sourced from AK&M)
