August 30, 2017 / 11:28 AM / in 10 months

Credit Bank of Moscow sees no risks from Otkritie -spokeswoman

MOSCOW, Aug 30 (Reuters) - Russian lender Credit Bank of Moscow said on Wednesday it did not see any risks for itself from the troubled lender Otkritie.

When asked if Credit Bank of Moscow had exposure to Otkritie, which the central bank decided to bail out on Tuesday, via deposits, interbank lending, bonds or repo, a spokeswoman said: “There is no connection.”

“At the moment, Credit Bank of Moscow has no risks related to Otkritie Group.” (Reporting by Katya Golubkova; Writing by Jack Stubbs; Editing by Christian Lowe; Editing by)

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