According to the draft law, the banking sector will receive a capital boost of up to 1 trillion rubles.
(Reporting by Elena Fabrichnaya; Writing by Lidia Kelly, editing by Elizabeth Piper)
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04-26 | Transcript : Sberbank of Russia, Q1 2024 Earnings Call, Apr 26, 2024 | |
04-26 | Russia's Sberbank reports profit rise to $4.3 bln in Q1 | RE |
MOSCOW (Reuters) - Russia's top lender Sberbank will not receive additional capital as part of a draft law passed on Friday by the lower house of parliament, said the head of the State Duma's financial markets committee.
According to the draft law, the banking sector will receive a capital boost of up to 1 trillion rubles.
(Reporting by Elena Fabrichnaya; Writing by Lidia Kelly, editing by Elizabeth Piper)
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