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Investors kept 850 billion in private Russian banks

Total deposits 160 banks, deprived of licenses from 1 January 2014 to March 25, 2016, amounted 849,8 billion rubles, reports “Russian news service” referring to the “Agency for deposits insurance” (DIA). Of this amount of 740 billion rubles were returned to the clients. The volume of deposits not covered by …

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