bne_newspaper_September_22_2017

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Content:
2 Top Stories
5 The Regions This Week 9 Chart
10 Central Europe 13 Southeast Europe 16 Eastern Europe 18 Eurasia
22 Opinion
24 Lists24 Lists
September 22, 2017 www.intellinews.com
Russia nationalises stricken Binbank
bne IntelliNews
The Central Bank of Russia (CBR) has rescued the stricken Binbank (also known as B&N Bank), marking the country’s second effective nationali- sation in three weeks.
The CBR has given the bank an unsecured loan, but has not disclosed the amount. The regulator
Directors resign from board of Ukraine's gas monopoly over derailed reforms
Sergei Kuznetsov in Kyiv
The two surviving independent members of the supervisory board of Ukraine's gas mo- nopoly Naftogaz – Paul Warwick and Mar- cus Richards – quit on September 19, citing "the government’s lack of commitment to duly implement the corporate governance re- form", the company said in a statement.
made a similar loan to Otkritie in August, which
it later transpired ran into the hundreds of billions of rubles.
All of the lenders that are part of BIN Group,
See page 2
The other independent directors have all al- ready quit, raising concerns by donors over the government’s commitment to cleaning up corruption in big state-owned enterprises.
See page 3