Russian Commercial Bank (RCB) shareholder of which is the VTB (46%).
This development has to do with the scandal, the Panama Papers.
According to sources in the Bllomberg, the German bank will close accounts connected with the RCB, although representatives of the two banking institutions, refused to comment on this information.
Always based in the same instrument, the German bank had begun this process prior to the publication of the contested documents, but no longer after, and the dimensions he took of the matter, the relevant procedures are expedited.
Source
Deutsche Bank is cutting ties with the cyprus bank remains exposed…
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