June 7, 2018 / 6:57 AM / 6 months ago

Russian c.bank proposes asset freezes on banks being bailed out

ST PETERSBURG, Russia, June 7 (Reuters) - Russian Central Bank Governor Elvira Nabiullina on Thursday proposed the government discuss legislation that would freeze the assets of banks that are being bailed out.

Nabiullina also proposed a mechanism that would prevent the owners and senior executives of banks that are being bailed out from leaving the country. (Reporting by Andrey Ostroukh and Elena Fabrichnaya; writing by Tom Balmforth; Editing by Maria Kiselyova)

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