Friday, March 16, 2018

Rebuild investment structure

MOSCOW (Reuters) - Russia’s central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.Russian banks have been hard hit by the fallout from Western sanctions over Russia’s annexation of Crimea in 2014 and the economic impact of a sharp fall in oil prices on the country’s foreign currency earnings.
They had a monetary regime change after commie overthrow, then a bankruptcy then oligarchville.  They have no intelligent investment structure, the banking sanctions hit them hard.  Huge tradebook error. Sandbox fix this.

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