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Russia: Bank of Russia injects around RUB 34.9 billion in the capital of MInBank JSC

Description

On 20 May 2022, the Bank of Russia announced it would inject RUB 34.9 (USD 349 million) into the capital of Moscow Industrial Bank (MInBank) to enhance its solvency. The objective of the intervention ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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