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Green light for tie-up of VTB with Otkritie and RNCB sign of looming consolidation and thwarted global ambitions
Sanctions have constrained Moscow’s ability to meet bond obligations
The conflict in Ukraine has stretched the governor’s ability to keep the economy on the rails
Elvira Nabiullina signals policymakers are likely to stick with tough monetary policy stance
Lingering effect of lockdown weighs on manufacturing, spending and investment
Kremlin pressing central bank for cut despite impact of sanctions and market turmoil
Assets from three collapsed banks to be transferred into Trust, another failed lender
Warning comes as Trump administration criticised over list of oligarchs close to Putin
The central bank is blind when it comes to oversight despite draconian regulations
Central bank takes majority stake to prevent second collapse in three weeks
Failed Russian lender held securities at ‘inflated prices’ to ‘sugarcoat financials’
As lenders such as Sberbank soar, much of the rest of the sector struggles
Using loans from the central bank, Otkritie doubled its assets overnight
Rise in oil price provides boost but lack of reform and investment drags on demand
Former economy minister has shut 276 lenders and forced 28 others to reform
Bond and equity markets yield strong gains amid recession and sanctions
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