Rosbank: Putin clears Rosbank's purchase of Societe Generale's Russian assets

Russian President Vladimir Putin has signed a decree allowing Rosbank to purchase stakes in leading Russian companies owned by Societe Generale. The decree allows Rosbank to buy SocGen's stakes in energy producers, metals companies, and other leading Russian blue chip firms. The bank had an exposure of 22.4 billion euros to Russia as of end-June 2021.

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