RUSSIAN BANKS HAVE DECLINED FOREIGN INVESTMENTS

A&G Information Services,  October, 2004  

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A&G Information Services 10-13-2004 RUSSIAN BANKS HAVE DECLINED FOREIGN INVESTMENTS ST.PETERSBURG, RUSSIA, Oct 13, 2004 (A&G News via COMTEX) -- In the first half of 2004 the Russian banking system declined direct investments abroad by 1 % (to $633 million), but at the same time it increased portfolio investments by 55% - to $2,802 billion, according to the Bank of Russia.

In January-June 2004 the volume of cash foreign ...

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