Russian Finance Ministry considers bail-in for big bank depositors

January 29, 2016 7:39 PM

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MOSCOW Jan 29 Russia's Finance Ministry is considering a bail-in for big depositors as one of the measures to protect some banks from bankruptcy, Deputy Finance Minister Alexei Moiseev said on Friday.

A bail-in requires creditors, such as depositors and bondholders, to pick up some of the cost of rescuing a bank that risks running into trouble, shifting the burden away from the state.

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