Venezuela's Russian Bank Grows Assets as U.S. Sanctions Hit Home

Venezuela's Russian Bank Grows Assets as U.S. Sanctions Hit HomeEvrofinance Mosnarbank, owned by Venezuela’s development bank and Russia’s state-controlled Gazprombank and VTB Group, was in the top ten percent of Russia’s 100 biggest lenders last year in terms of growth in assets. Its net assets surged 52 percent to 66 billion rubles ($ 1 billion), making it Russia’s 82nd largest, according to Banki.ru calculations based on central bank data.



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