PRIME-TASS. The Federal Agency for Federal Property Management has determined the terms to privatize 33,063,691 shares of Republican Social Commercial Bank (Moscow): the shares will be sold as a single lot with bids to be placed openly taking into account the exercise of the preemptive right by other RSCB shareholders or RSCB itself to buy the shares, Prime-TASS reports quoting an order of the Federal Agency for Federal Property Management.
The initial bid price was set at Rub 32 mln.