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

EBRD Buys Transkapitalbank
22.06.2006 00:00
EBRD Buys Transkapitalbank

The European Bank for Reconstruction and Development (EBRD) has approved the acquisition of the blocking share holding (25% plus 1) of ZAO Transkapitalbank. The deal is expected to be finalized by this autumn.
      The banks resources will rise from the current $70m to $110m, a positive step to draw investment. The company is now mulling whether to issue Eurobonds.
      Both organizations have been satisfied with the deal, according to reports. The two companies have had a long partnership in the sector.
      As agreed, a representative of the EBRD will join the board soon.


Next Previous

You might also find interesting:

Russian Meat is the Most Promising Category of Food to be Sold to China
Ozon.Invest P2B Financing Service
The Number of Companies Set Up in Russia in 2018 Fell by Almost 20%
The Most Successful Entrepreneurial Dynasties
Xiaomi is Planning to Launch its Own Contactless Payment Service in Russia

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
The Baseballs  Nizhny Novgorod Region  Pobeda  Altai Territory  the Urals region  Russian army  Russian regions  Siberia  Orthodoxy  Ostap Bender  Graphic Art  Exhibitions in Moscow  X5 Retail Group  Anton Chekhov  Barguzinsky nature reserve  Russian Cinema  Republic of North Ossetia-Alania  third places  Books  St. Petersburg  Festivals in Moscow  Ecotourism  Moscow  Russian universities  Sergey Eisenstein  criminality  Moscow Public Transport  FIFA Russia 2018  Events in Moscow  Alice Krylova  Mercedes-Benz Fashion Week Russia  Chelyabinsk  Russian business  Ulyanovsk-Vostochny  Nikolai Drozdov  Yury Grigorovich  Art Auctions  Anna Karenina   expats in Russia  ExxonMobil  migration in Russia  Architecture  Russian opera singers  Architecture Monuments  Andreapol  travel to Russia  Historical Exhibitions  Russian tourism  Flowers Ban  Anatoly Kalinin 

Travel Blogs
Top Traveling Sites