Vnesheconombank's Purchase of 98% of OJSC JSCB Svyaz-Bank’s shares

State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ agreed with the Bank of Russia upon the Purchase of 98% of OJSC JSCB Svyaz-Bank’s shares and the program to render financial assistance to the bank.

To stabilize Svyaz-Bank’s operation, Vnesheconombank provided the bank with substantial financial resources for it to make current payments without interruption and fulfill all its obligations to customers and counterparties.

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 608-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

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