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Euronews
Сергiй Дубина

UniCredit gets Putin’s approval to sell part of its Russian business

On Monday, Russian President Vladimir Putin signed a decree allowing Italian bank UniCredit to sell part of its Russian business, paving the way for the Milan-based group to scale back its presence in the country.

UniCredit Bank has been operating in Russia since 1989. It continued its activities in the Russian Federation after the full-scale invasion of Ukraine in February 2022.

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