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. Last Updated: 07/27/2016

Rossiisky Plan Backed

MOSCOW -- Bank restructuring agency ARKO said Thursday that creditors of Rossiisky Kredit bank had given preliminary approval to a plan for restructuring the bank.

"A majority of those present at a meeting expressed the opinion that an amicable agreement will offer all creditors better terms than the bank's liquidation," ARKO said in a statement.