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Reuters
Spirbank and Emirates NBD increase after a banking agreement in Turkey
Shares of banks "Spirbank" and "Emirates NBD" rose on Wednesday following an agreement under which the UAE bank bought a bank owned by the Russian bank in Turkey.
According to Bloomberg data, the London Stock Exchange reached 11.84 GMT at 11:04 Moscow time, up 2.59%, while that of the Moscow Stock Exchange rose 2.41% to 223.44 rubles.
Emirates NBD grew by 3.26% to reach AED 11.10.
Bloomberg said the UAE bank had recorded gains of more than 5%, reaching its highest level in 10 years.
Previously, it was announced that Spearbank would sell to Emirates NBD, the largest bank in Dubai, a 99.85% stake in Turkish bank Diniz Bank, against 15.48 billion lire (2.75 billion dollars).
Source: RT
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