Global Trade Alert
Global Trade Alert

Russian Federation: Bailout of Moscow Industrial Bank (MInBank)

Announcement

29 Apr 2021

On 29 April 2021, the Russian central bank bailed out MInBank.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Apr 2021

Revocation date:

No revocation date

Updated: 29 Apr 2021
Capital injection and equity stakes (including bailouts) In force

On 29 April 2021, the Russian central bank announced it will allocate 24.3 billion rubles (USD 312 million) to buy out non-performing assets of the Moscow Industrial Bank (MInBank) and prevent the ...

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