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Russia's Vneshtorgbank to open its filial in Ukraine

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  • Russia's Vneshtorgbank to open its filial in Ukraine

    ITAR-TASS News Agency
    TASS
    March 4, 2005 Friday

    Russia's Vneshtorgbank to open its filial in Ukraine

    LIPETSK


    Russia's Vneshtorgbank will open its branch bank in Ukraine in March,
    Vneshtorgbank President and Board Chairman Andrei Kostin told
    journalists,

    The bank seeks to expand its activities in countries of the former
    Soviet Union. In particular, the bank is planning to buy a bank in
    Moldova and has been looking for opportunities in Kazakhstan, Prime
    Tass reported.

    Recently, Vneshtorgbank bought a controlling block of shares of the
    United Bank of Georgia, and last year- a controlling block of the
    Savings Bank of Armenia.
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