Newsworthy Times for Russia’s Private Banks
Richard Segal, Senior Analyst, Manulife Asset Management
Published: 29 September 2017 02:58
While most investors and the Bank of Russia expected to focus much of their attention for the remainder of 2017 on an impressive rebound in the country’s economic prospects, a series of challenges at some of Russia’s lenders – small, medium and large – have forced the world’s gaze onto the cracks emerging underneath its financial system.
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