Business Services Industry

THE MANAGEMENT OF RUSSIAN FOREIGN BANK MOSCOWNARODNY BANK (LONDON) DECIDED TO SPEED UP ITSPRIVATIZATION

A&G Information Services, June, 2003

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A&G Information Services 06-03-2003 THE MANAGEMENT OF RUSSIAN FOREIGN BANK MOSCOWNARODNY BANK (LONDON) DECIDED TO SPEED UP ITSPRIVATIZATION ST.PETERSBURG, RUSSIA, JUN 2, 2003 (A&G News via COMTEX) -- Thepresident of MNB Igor Suvorov offered CB to sellin 2003 20-30% shares of MNB.

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Suvorov himself isplanning to buy half of this shareholding and isalready looking for creditors. According to thestrategy of development of the banking sector CBshould have withdrawn from the capital of MNB byJanuary 1, 2003 by selling to it 88,89% sharesof the London bank. In ...

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Business Services Industry

THE MANAGEMENT OF RUSSIAN FOREIGN BANK MOSCOWNARODNY BANK (LONDON) DECIDED TO SPEED UP ITSPRIVATIZATION

A&G Information Services, June, 2003

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