You're reading: Reuters: EBRD buys stake in Moldova’s largest bank to boost transparency

Reuters: EBRD buys stake in Moldova’s largest bank to boost transparency

By Reuters.
European Bank for Reconstruction and Development (EBRD).
Photo by europarl.europa.eu

CHISINAU – A consortium led by the European Bank for Reconstruction and Development on Oct. 2 bought a 41 percent stake in Moldova’s largest bank, aiming to bring more transparency to a financial system recovering from a $1 billion fraud.

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