Post: Russian investors were able to return assets worth three trillion rubles

Russian ruble. archive photo

Nabiullina: Investors from Russia were able to return assets worth three trillion rubles from abroad

MOSCOW, May 16 – RIA Novosti. The head of the Central Bank of Russia, Elvira Nabiullina, said that the measures taken by the Russian authorities, including the forced conversion of deposit receipts, helped Russian investors regain their rights to assets worth about 3 trillion rubles.

“A lot has been done to reclaim the rights of our investors. This includes automatic mandatory conversion of deposit receipts, mandatory transfer of rights accounting to our Russian accounting infrastructure, and these are substitute bonds,” he said at the NAUFOR conference.

“As a result, we have returned investors’ rights by close to 3 trillion rubles, so this is not a small amount. However, some of the assets remain blocked,” Nabiullina said.
Euro notes and coins - RIA Novosti, 1920, 05/11/2023

The amount of frozen Russian assets exceeded 24 billion euros

Source: Ria

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