KM Financial Solutions | Russian bank: we assigned $12 bln ‘loan’ to poor African state by mistake
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Russian bank: we assigned $12 bln ‘loan’ to poor African state by mistake

Russian bank: we assigned $12 bln ‘loan’ to poor African state by mistake

The impoverished state of
Central African Republic landed a windfall on Tuesday, at least
on paper, when Russian state bank VTB reported it had lent the
country $12 billion — but the bank then said it was a clerical
error and there was no such loan.

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