Moscow creates vast new bank from Post Office

Cash, Calculator, Pen

Russia’s postal service joined forces with VTB Bank to establish Post Bank, a new retail lender with three times as many retail branches as the current leader, Sberbank. (Russia Beyond the Headlines – – Kira Egorova – November 4, 2015) Russia’s government approved the establishment of a massive new bank based on the country’s postal service, a move that […]

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