Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Swedish Nordea Group Plans to Leave the Russian Market
28.09.2017 17:16
The Swedish Nordea Group Plans to Leave the Russian Market

 The Swedish Nordea group is thinking over its withdrawal from the Russian market by selling a subsidiary of Nordea Bank. This is written by “Vedomosti” with a reference to the sources in the banking environment. According to the publication, Nordea discussed the possibility of such deal with Loko-Bank and Sovcombank. Negotiations have been underway since the beginning of this year.

      As the newspaper’s sources note, it is quite difficult to sell such a large asset at the moment, and the Swedish group is considering selling the loan portfolio instead of a full-fledged deal. Sovcombank said that they did not negotiate on purchasing of Nordea Bank. The representative of the bank stated that the bank had been looking for an opportunity to expand the business through a purchase for two years.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian winter  Elena Isinbayeva  Spacecrafts  Saransk  Exhibitions in Moscow  Burial Grounds  Gays  VKontakte  Russian science  bicycle track  Russian Poets  Slovyansk  Russian Architecture  Alexander Lebedev  Yaroslavl   Aleksandr Mamut  human rights activists  Russian Metro  Novosibirsk  Travel  concerts in Russia  Jazz  Dermatology  Russian economy  NGO  Sports  Yevgeni Mironov  St. Petersburg  Mercedes-Benz Fashion Week Russia  Tomsk  OccupyAbai  Russian army  Alania Vladikavkaz  SUEK  ROSCOSMOS  Altai  Russian Cinema  Ministry of Culture  Russian tourism  Russian business  Russian Internet  Russian scientists  Joseph Stalin  Moscow  IPO in Russia  Krasnodar places of interest  Russian painters  2morrow / Tomorrow Film Festival  Luciano Ventrone  Petersburg Theaters 

Travel Blogs
Top Traveling Sites