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AUG 19, 2015 - Business Insider

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Rise of new banks helps Kremlin keep Russia's economy afloat

By Oksana Kobzeva and Alexander WinningMOSCOW (Reuters) - Four private banks with friendly ties with the Kremlin are emerging as big winners from Russia's economic crisis, helping out dollar-starved companies at a time when large state lenders are hampered by Western sanctions.The four, FC Otkritie , Promsvyazbank , Credit Bank of Moscow and B&N Bank [BINBK.UL], were relatively minor players ...

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