One of the largest banks in France, Societe Generale, will soon sell its business in Russia and leave the market of the aggressor country. This was reported by Bloomberg, according to UNN.
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Societe Greenerale may complete its exit from Russia, by selling stakes in some of the country's largest companies for about $75 million dollars to its former local unit, Rosbank.
It is noted that on Sunday, Putin approved a decree allowing Rosbank to buy Russian shares from the French bank.
У portfolio includes small stakes in the country's largest companies, such as PJSC Gazprom, refined nickel producer PJSC MMC "Norilsk Nickel, oil companies Lukoil &and Rosneft, and 20 other holdings.
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Russian oligarch Vladimir Potanin previously bought Societe Generale's stake in Rosbank. Later, the billionaire was sanctioned by the United States and the United Kingdom. and the United Kingdom.
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