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Exclusive: Russia expects to recover far less from 'bad bank' assets – sources

February 12, 2019 by · Leave a Comment 

Russia will dramatically cut its estimate of the sum it expects to recover from a “bad bank” set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank

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Exclusive: Russia expects to recover far less from 'bad bank' assets – sources