Freeze on Rus­sian OBUs, Elma-Le­meco merger

Financial Mirror (Cyprus) - - FRONT PAGE -

The cen­tral bank has im­posed a freeze on new Rus­sian and CIS com­pany reg­is­tra­tions in a bid to lessen the de­pen­dence on this mar­ket, while Elma and Le­meco merger is ex­pected to boost prof­its for the new com­pany and Arab Bank’s chief ex­ec­u­tive is on the is­land for talks, ac­cord­ing to the is­sue 111, on May 17, 1995.

The cen­tral bank has im­posed a

Rus­sian freeze:

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