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

Bank Of Cyprus Intends To Sell Russian Uniastrum Bank
14.06.2014 13:15
Bank Of Cyprus Intends To Sell Russian Uniastrum Bank
(Source: http://www.youtvnews.com/read?8121)

Bank of Cyprus intends to sell Russian Uniastrum Bank as part of the restructuring process, writes The Financial Times.

      The newspaper was informed about this by the head of Bank of Cyprus John Hourican, who took this position in 2013. In 2008, the Bank of Cyprus paid $ 576 million for 80% of Uniastrum Bank. 20% of shares remained with the founders of the Russian credit organization, the newspaper reminds.

      In total, Cyprus bank owns 300 branches, of which more than half are Uniastrum bank branches, and employs 7.7 thousand employees, of which a third are employees of Russian credit organization, the article says.




Author: Anna Dorozhkina

Tags: Russian banks     

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit


Ïàðòåð


TAGS:
Moscow  Kovylkino  Russian tourism  Spartak Moscow  Moscow planetarium  Primorsky Territory  coronavirus  Pushking Fine Arts Museum  Tourist Center   Frunzik Mkrtchyan  Russian science  Mordovia  Astrakhan Region  Moscow State University  spacewalk  Russian education  Mistral ships  Russian festivals  Russian scientists  Liya Akhedzhakova  Elbrus  Russian sports  pastila   Smolensk Region  Chemistry  Russian Cinema  Christmas  Russian Rock  Opposition  Russian economy  Russian business  Nature Reserves  Summer Olympics  Ferapontovo  Exhibitions in Moscow  St. Petersburg  Science  Mercedes-Benz Fashion Week Russia  Throat Singing  Pulkovo  State Duma  Kolomna  Russian models  Anna “Miss” Remizova  Russian beaches  Music Festivals  Traditional Dishes  Russian exhibitions  David Cameron  Ice Palace 


Travel Blogs
Top Traveling Sites