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Collapsed IIB bank's debts estimated at 80 bln rbls

© Sputnik / Ilya Pitalev / Go to the photo bankCollapsed IIB bank's debts estimated at 80 bln rbls
Collapsed IIB bank's debts estimated at 80 bln rbls - Sputnik International
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The debts of Russia's failed International Industrial Bank owned by senator Sergei Pugachyov amount to 80 billion rubles ($2.67 billion), Central Bank First Deputy Chairman Gennady Melikyan said on Thursday.

The debts of Russia's failed International Industrial Bank owned by senator Sergei Pugachyov amount to 80 billion rubles ($2.67 billion), Central Bank First Deputy Chairman Gennady Melikyan said on Thursday.

The central bank cancelled IIB's license on Tuesday.

"The bank's total debt amounts to about 80 billion rubles, banks, including foreign lenders, and the central bank account for half of the IIB's debt, while non-financial institutions account for the other half. As far as the first group is concerned, the central bank accounts for a majority of the bank's debt, or 31.8 billion rubles. Among creditors, there are large as well as small companies. Moreover, the bank placed two Eurobonds issues," Melikyan said.

MOSCOW, October 7 (RIA Novosti) 

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