MOSCOW, May 4 (Reuters) - Financial Group Budushchee , which controls one of Russia’s largest private pension fund groups, posted a net loss of 15.8 billion roubles ($249.2 million) last year, it said on Friday.
FG Budushchee, which manages pension funds worth a total of 335 billion roubles covering 5.2 million people, made a net profit of 6.3 billion roubles in 2016.
Budushchee, which is Russian for “future”, was a shareholder in Otkritie and Promsvyazbank - two large private banks bailed out by the central bank last year. It is controlled by the family of businessman Boris Mints.
The group did not immediately reply to a Reuters request seeking a comment.
$1 = 63.3930 roubles Reporting by Katya Golubkova; Editing by Mark Potter