Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

No More Subordination

Vneshekonombank stopped accepting new applications from banks for subordinated loans, the lender said Monday.

VEB has provided a total of 391.8 billion rubles ($13 billion) of subordinated loans to 17 banks and is still considering 20 requests for a total of 95 billion rubles in loans, the lender said.