June 5, 2018 / 10:32 AM / 6 months ago

Belarus approves purchase by EBRD of Belinvestbank stake

MINSK, June 5 (Reuters) - * Belarus approves purchase by European Bank for Reconstruction and Development of a stake in state-run Belinvestbank * Belinvestbank is sixth-largest bank in Belarus * Decision means EBRD could buy stake within six to nine months * EBRD declines to name size of stake. Authorities had said it could be 25 percent

Reporting by Andrei Makhovsky Editing by Matthias Williams and Edmund Blair

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