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Russia says it has list of foreign banks who can only sell assets with Putin's approval

·1-min read
Russian Deputy Finance Minister Moiseev attends a session of the annual international military-technical forum "ARMY" at Patriot Expocentre in Moscow Region

KAZAN, Russia (Reuters) - Russia's Deputy Finance Minister Alexei Moiseev said on Thursday that government officials have drawn up a list of foreign banks that will only be allowed to sell their Russian assets with approval from President Vladimir Putin.

The list was drawn up by the finance ministry and Russia's central bank, Moiseev told a banking conference in the central city of Kazan.

Moiseev also said the finance ministry had not received any information from Expobank about a request to purchase the Russian assets of any foreign bank.

In June, HSBC said it had agreed a deal to sell 100% of its Russian operations to Expobank.

(Reporting by Reuters; Editing by Alex Richardson)