Medvedev choses 10 regional banks for recapitalisation


 Recapitalisation: Russian Prime Minister Dmitry Medvedev has published a list of 10 regional banks that are to be recapitalised with funds from  the state’s Deposit Insurance Agency as part of the government’s  drive to help Russia’s regions survive the current economic crisis. The banks  are :

  • The Urals Bank for Reconstruction and Development
  • Tatfondbank
  • The Asian-Pacific Bank
  • The West-Siberian Commercial Bank
  • The International Bank of Saint Petersburg
  • Surgutneftegazbank
  • Kuban Credit
  • Chelyabinvestbank
  • First United Bank
  • Sarovbusinessbank
Source: KP