June 4, 2018 / 4:20 PM / 4 months ago

Russia's Moiseev says $81 mln injection in Promsvyazbank enough - RIA

MOSCOW, June 4 (Reuters) - Russian Deputy Finance Minister Alexei Moiseev said on Monday an extra capital injection of 5 billion roubles ($80.65 million) from the budget into Promsvyazbank should be enough in 2018, RIA news agency reported.

Finance Minister Anton Siluanov said earlier that the government proposed to channel 5 billion roubles of capital into Promsvyazbank, which the central bank took over last year and has started using as a lender for sanctioned entities. ($1 = 62.0000 roubles) (Reporting by Andrey Ostroukh Editing by Catherine Evans)

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