MOSCOW (Reuters) - Stock index compiler FTSE has decided to keep Russia's banks Sberbank and VTB in its indexes for now but would exclude them if they issued new shares, it said late on Friday.
The decision is likely to reassure investors in Russia's two largest banks, as neither is expected to issue new equity in the near future.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!