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
Debt purchase 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 lat...
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