Russia's TCS Group: could buy loan portfolios worth up to 20 bln roubles

September 17, 2015 11:03 AM

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KAZAN, Russia, Sept 17 The controlling shareholder of Russian consumer credit firm TCS Group said on Thursday that the company could buy loan portfolios worth up to 20 billion roubles ($303.9 million) from other banks.

Oleg Tinkov, who also founded the firm, added that TCS wanted to do another deal with Svyaznoy Bank, from which it bought loan portfolios earlier in the year.

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