Deals
Expobank to Buy RBS Unit in Kazakhstan, Russian Banker Kim Says
- Earlier deal to sell RBS unit to Capital Bank fell through
- Expobank closed deal to buy Russian assets of RBS this year
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Royal Bank of Scotland Group Plc agreed to sell its Kazakhstan unit to Igor Kim’s Expobank LLC after an earlier deal with Capital Bank fell through.
The RBS unit is a small corporate bank with assets of about $300 million, Kim said in London Wednesday. He declined to comment on the price of the transaction.