RIA NOVOSTI. Debts of International Industrial Bank, which is owned by Federation Council member Sergei Pugachov’s businesses and whose banking license was cancelled on Tuesday, total around Rub 80 bln, first deputy CBR chairman Gennady Melikyan said in an interview with RIA Novosti.
“The bank’s total debt is around Rub 80 bln, half of which falls to banks, including foreign ones, and CBR, and the other half to non-financial institutions. From the first group of creditors, the Bank of Russia has the highest amount due (Rub 31.8 bln). Creditors include large companies and also quite small concerns. In addition, the bank placed two Eurobond issues," the CBR executive said on Thursday.
