Report
Hungary’s biggest bank reportedly explores Russia exit as regulators examine Baltic purchase
Bloomberg reports that the bank is exploring ways to leave Russia while regulators examine its planned purchase of a lender in the Baltic states.
TLDR
Bloomberg reports that Hungary’s biggest bank is exploring ways to exit Russia as regulators examine its planned purchase of a lender in the Baltic states. Bloomberg says documents it saw show the bank had clients providing services to organizations close to the Kremlin.
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