May 24, 2018 / 9:00 AM / in 5 months

Russia is ready to buy assets of sanctioned companies: Siluanov

ST PETERSBURG, Russia (Reuters) - Russian Finance Minister Anton Siluanov said on Thursday Russia is prepared to buy the assets of sanctions-hit companies that are held as collateral by foreign banks.

Russian First Deputy Prime Minister and Finance Minister Anton Siluanov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia May 24, 2018. REUTERS/Sergei Karpukhin

“The state is not going to stand aside here and it will help companies that have fallen into a difficult financial situation,” Siluanov said at an economic forum in St Petersburg.

Reporting by Darya Korsunskaya; Writing by Tom Balmforth

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below