Source Pravda.Ru

Uralsib bank may sell its 15% to foreign investors

The Uralsib bank could sell over 15 percent of its capital to foreign investors, Azat Kurmanayev, the bank's president, told journalists today. He accepted the possibility that if the deal for selling the bank's shares considerably improves its position on the market, its shareholders will not be against additional floating and selling to foreign investors over 15 percent of the bank's capital.

This week Uralsib signed a memorandum with the International Financial Corporation (IFC), which gave the latter an opportunity to buy the bank's shares. Uralsib has also negotiated participation in its capital with the European Bank for Reconstruction and Development since December 2002. According to Kurmanayev, the price of participation is being discussed currently. "The process will be accelerated manifold," he added.

Uralsib's president also reported that in October 2003 the bank would announce its loaning plans on international markets for this year.

© &to=' target=_blank>RBC

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum