Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

A Farewell to Russia
29.06.2011 11:58
A Farewell to Russia

Two more foreign banks will withdraw from Russia. Subsidiaries of American GE Money Bank and Swedish Handelsbanken are going to leave the country. 

      According to Kommersant, American bank is looking for some new partners in a number of countries, so far as General Electric intends to reduce the proportion of assets of the banking sector. This gesture is related to the conditions of receiving assistance from the state during the crisis. 

      Svenska Handelsbanken, a subsidiary of Handelsbanken in Russia has already begun staff reduction. 

      Many other foreign banks started to go out of Russia after the crisis in 2009 and 2010. In particular, the country has been lefty by British International Personal Finance, Barclays and HSBC, Spanish Santander and Dutch Rabobank.

      kommersant.ru

      
lenta.ru

      
 

Author: Ksenia Dzhalagonia

Tags: Russian business banks    

Next Previous


You might also find interesting:

Russia Regained Its First Place In Oil Production
27.02.2017
Sberbank Issued 10 Million MIR Cards
15.09.2017
Annual Fitch Conference
15.10.2017
German Gref Talked On Russian Rouble
30.01.2017
Russian Banks Are Going to Introduce Customer Identification by Selfies
29.07.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Unusual Monuments  Vaccines  Foreign Currency  Moscow  Mikhail Bulgakov  Moscow airports  Fines  Sevsk  Kemerovo Region  Moscow Art Theatre  Russian oligarchs  Russian Literature  Eduard Khil  Russian tourism  Lewis Hamilton  Street Art  Komsomolsk-on-Amur   Olympic Games 2012  Film Festival  Russian Monuments  Russian writers  Stalin's bunker  hotel networks  Russian Animation  Russian Cinema  invest  Exhibitions in Moscow  Nizhny Novgorod  New Years Day  Veterans of Wold War II  Russia-USA  Painting  Irkutsk  Humanitarian Operations  Russian rockets  Moscow attractions  Deripaska  New Medicines  Mercedes-Benz Fashion Week Russia  Archeology  Megafon  Russian businness  Art Critics  World Legends  Aleksandr Ovechkin  Russian history  Russian business  astronomy  Russian football team  Imperial Gargens of Russia  


Travel Blogs
Top Traveling Sites