[lbo-talk] Up to 40 Russian banks may need bailing out.

uvj at vsnl.com uvj at vsnl.com
Sat Nov 1 08:36:55 PDT 2008


30/10/2008

Up to 40 banks may need bailing out. http://www.mnweekly.ru/business/20081030/55353365.html

MOSCOW (RIA Novosti) - The head of Russia's Deposit Insurance Agency forecast that around 20 to 40 national banks could require bailing out amid the global financial crisis, the Kommersant business daily said on Thursday. "According to our forecasts, 20 to 40 banks might need our services in 2008-2009," Alexander Turbanov told the paper. http://www.mnweekly.ru/business/20081030/55353365.html



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