- Reuters•last year
Russia's economic crisis is causing an increase in mergers and acquisitions in the banking sector as a capital squeeze and increase in bad loans leave smaller lenders weak and vulnerable to takeovers. "The very real danger is that the banking sector may face even tougher times before this crisis gives way to recovery," said Chris Weafer, senior partner at Macro Advisory consultancy in Moscow.
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Public joint-stock company Vozrozhdenie BankMCX
|Bid||0.00 x 115500|
|Ask||0.00 x 2900|
|52wk Range||447.00 - 944.50|
|Day's Range||642.00 - 642.00|
|Avg Vol (3m)||1,670|
As of 6:56 AM EDT. Market closed.