Fortis gets $630 MLN from Russian billionaire
Russian billionaire Suleiman Kerimov has pumped more than $630 million into the Belgian-Dutch financial services group Fortis as part of its survival plan.
On Tuesday shareholders criticised the bank's plans to raise a total of $13 billion. It has struggled to raise money amid the global credit crisis.
The news comes a week after its British rival Barclays sold stakes to investors from Qatar, Japan, Singapore and China.
You can share this story on social media:
Follow RT on
Dear readers! Thank you for your vibrant engagement with our content and for sharing your points of view. Please note that we have switched to a new commenting system. To leave comments, you will need to register. We are working on some adjustments so if you have questions or suggestions feel free to send them to feedback@rttv.ru. Please check our commenting policy
