RCIF Leads Investors into Sovcombank
Posted on 06/10/2018
The Russia-China Investment Fund (RCIF) was formed by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC). The RCIF, along with a group of Middle Eastern investors, acquired a minority stake in PJSC Sovcombank, one of the five largest private banks in the Russian Federation in terms of assets. Sovcombank is planning to […]
