Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Expobank Regains Name

The retail network of banks sold by Barclays to a group of investors including Igor Kim in October will have its former name of Expobank restored, Kommersant reported Monday.

Barclays bought the Expobank chain in 2008 as the ambitious first step of a Russian expansion program. But the British high-street name subsequently joined the list of foreign banks — including HSBC, Santander, Saxo Bank and Robobank — to have cut back their Russian operations in the last two years.

Financial sector investor Kim was permitted to use the Barclays brand for nine months under the terms of the 2011 sale.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more