One of the biggest foreign banks in Russia may be sold off by its main owner — Raiffeisen International owner Christian Conrad said the group is prepared to relinquish control over its Russian and Ukrainian banks.
Since the middle of 2008 the Russian market has tracked the oil price; the rule of thumb that the Russian RTS Index is the oil price times 20 has been the somewhat uninspiring reality.
04 February 2010 , 10:57Kingsmill BondFinancial Time0
One of the biggest foreign banks in Russia may be sold off by its main owner — Raiffeisen International owner Christian Conrad said the group is prepared to relinquish control over its Russian and Ukrainian banks.
RIA Novosti reported that Russian natural gas monopoly Gazprom will increasingly cede the domestic market to independent producers by 2030.
Since the middle of 2008 the Russian market has tracked the oil price; the rule of thumb that the Russian RTS Index is the oil price times 20 has been the somewhat uninspiring reality.
