Authorities adopt wait and see attitude towards Russian-owned Krediidipank

Estonian Financial Supervisory Authority says that until the EU adopts sanctions on Bank of Moscow, they will not be taking actions with regard to Krediidipank that is majority-owned by Bank of Moscow, writes Eesti Päevaleht.

Russian state-owned Bank of Moscow is claimed to play a central role in the reorganisation of the banking sector in Crimea by Russia.

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