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. Last Updated: 07/27/2016

Stolichny Bank Merges

MOSCOW () -- The Russian Stolichny Bank Sberezhenii will merge with Soglasiye bank, a statement from SBS said.

It said SBS president Alexander Smolensky and Soglasiye head Yevgeny Lebedev would hold a joint news conference Tuesday to announce the merger.

In the middle of August, SBS signed an agreement with Natsionalny Kredit bank under which it took over 15 NK branches.