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Russia central bank increases capital of reinsurance firm specialising in sanctions risk -Breaking

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© Reuters. FILEPHOTO: The Central Bank’s Moscow headquarters is covered by a Russian state flag on March 29th, 2021. The sign says “Bank of Russia”. REUTERS/Maxim Shemetov

MOSCOW (Reuters – Russia’s central bank said Thursday that it would increase the capital of its affiliated reinsurance company AO RNPK to $300 billion roubles ($3.08 Billion) from 71billion roubles.

($1 = 97.4990 roubles)

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