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. Last Updated: 07/27/2016

No WestLB Decision

DUSSELDORF, Germany () -- Westdeutsche Landesbank Girozentrale said Friday it had not decided to buy a stake in Russia's third biggest bank, Inkombank.


"We are cooperation partners and have close links but whether the relationship will be underpinned by a capital stake has yet to be decided," a WestLB spokesman said.


Inkombank said Friday it might sell up to 15 percent of its shares and that potential investors were the European Bank for Reconstruction and Development and WestLB.