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Sberbank may be able to write off USD 2 billion state loan - Reuters

News | Payments General | 22 Jul 2020

Sberbank may be allowed to write off USD 2 billion in a subordinated loan from Russia’s Central Bank as part of the state’s support for its largest bank during the COVID-19 crisis, according to Reuters.

loans, COVID-19, financial services, Russia, lockdown, Sberbank, Russia Central Bank, Finance Ministry