February 1, 2018 / 11:18 AM / 23 days ago

Russia's central bank says will stimulate M&A in banking sector

DOMODEDOVO, Russia, Feb 1 (Reuters) - The First Deputy Governor of Russia’s central bank, Dmitry Tulin, said on Friday that the central bank will be gently stimulating mergers and acquisitions in the banking sector.

“Now we have no opposition inside the central bank,” Tulin said at a conference near Moscow.

Reporting by Elena Fabrichnaya; writing by Maria Tsvetkova; Editing by Christian Lowe

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