MOSCOW (Reuters) - Russia’s Promsvyazbank, on the central bank’s list of systemically important lenders, does not see an impact on it from the situation with its peer, B&N Bank, Promsvyazbank said in emailed comments.
“The bank’s situation is stable. The resource base is diversified,” Promsvyazbank said.
B&N Bank has asked the central bank for a bailout but a decision is yet to be made. A B&N Bank bailout, if approved, would be the second major bailout in less than a month.
Reporting by Kira Zavyalova; writing by Katya Golubkova; Editing by Christian Lowe