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Africa | South Africa | World Economy - Development | Politics SA's Standard Bank expands to Russia afrol News, 6 March - Standard Bank Group Ltd., Africa’s largest bank, is expanding its wings further east, after having acquired 33 percent of Russia’s investment bank, the Troika Dialog. The deal is however yet to be confirmed subject to regulatory letters between Russia and South Africa.Troika Dialog, said to be Russia's oldest investment bank has said in a statement that a deal has been sealed with the South African giant for US$ 200 million which will entitle the South African company all Troika's Russian business. By staff writer © afrol News |
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