UPDATE 1-Poland's Getin sells Russia bank, citing politics and weak economy

April 8, 2015 9:53 AM

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WARSAW, April 8 (Reuters) - Polish financial group Getin Holding has sold its Russian unit Idea Bank Rosja for just under $1 million, citing Russia's weak economy and political environment.

"The decision to sell the stake in the bank in Russia and the withdrawal of Getin Holding from banking activities in the Russian Federation is an effect of the current macroeconomic and political situation in the country," Getin said on Wednesday.

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