Bank of Moscow to Promptly Repay Contribution Received from State
OREANDA-NEWS. November 17, 2011. The Bank of Moscow endeavours to promptly repay the contribution received from the state, and to observe the terms and conditions of the General Agreement with the Deposit Insurance Agency (DIA) it repaid the recurrent debt for RUR 679.4 mln on November 15, 2011. The cash funds have been received as a result of extra-judicial disposal of the special borrowers’ assets.
In October and November the Bank of Moscow regularly made payments to DIA within the framework of the debt repayment, thus, it paid over RUR 1.4 bln as of November 16, 2011.
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