Moscow’s RUSS BANK has finalized a deal to buy a major Yekaterinburg bank, DRAGOTSENNOSTI URALA (Urals Jewels) bank, by raising its share to 98.42%. The deal will allow RUS BANK to bolster the position in the Urals region and come closer to its goal of 500 outlets by 2008’s end.
Source: BANKI.RU, November 27, 2007
