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Global Trade Alert

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Russia: Central Bank acquires JSC Asian-Pacific Bank

Description

On 28 September 2018, the Central Bank of Russia announced the acquisition of over 99.9% of the shares of JSC Asian-Pacific Bank. The acquisition is conducted via the purchase additionally emitted sha...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Sep 2018

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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