Bloomberg News

Russia Says Foreign Parent Banks Benefiting From Ruble Liquidity

October 06, 2011

Oct. 6 (Bloomberg) -- Russian Deputy Finance Minister Alexei Savatyugin said units of foreign lenders may be using ruble liquidity to help parent banks. He spoke to reporters in Moscow today.

To contact the reporter on this story: Scott Rose in Moscow at rrose10@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net


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