April 2, 2018 / 12:16 PM / 20 days ago

Russia central bank to give $19 billion to Rost Bank, Trust Bank

MOSCOW (Reuters) - Russia’s Central Bank will provide Rost Bank and Trust Bank with a combined 1.1 trillion rubles ($19.17 billion), Central Bank Deputy Governor Vasily Pozdyshev said on Monday.

FILE PHOTO - Russia's Deputy Central Bank Governor Vasily Pozdyshev reacts during an interview with Reuters in Moscow, Russia, September 20, 2016. Picture taken September 20, 2016. REUTERS/Sergei Karpukhin

He added that the banks’ problematic assets could be united under Trust Bank.

Reporting by Tatiana Voronova; Writing by Gabrielle Tétrault-Farber; Editing by Polina Ivanova; Editing by

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