Support The Moscow Times!

Citibank Loans $100M

Citibank has presented a ruble-based loan worth the equivalent of $100 million to Rosselkhozbank, Citibank said in a statement. The funds will be available for one year and are slated for retail financing.

State-owned Rosselkhozbank was the fourth-biggest bank in Russia by assets at the end of the first half of this year, according to Interfax data. Citibank was the 19th-biggest.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.