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Russia-based Expobank completes merger with local unit

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Russia-based Expobank completes merger with local unit

Expobank LLC completed a merger with unit Bank in Goncharnaya JSC.

Expobank finalized the acquisition of the unit from Yapi ve Kredi Bankasi AS in December 2017, with the value of the transaction amounting to 3.3 billion Russian rubles.

As of March 23, US$1 was equivalent to 57.13 Russian rubles.