Kiwi caught up in Moscow bank crash

A Moscow bank closed by Russian authorities this week reportedly owing more than $US1 billion to creditors is owned by a New Zealand-registered company.The Central Bank in Russia has forced the closure of International Industrial Bank (IIB), citing a fail

Liam Baldwin
Thu, 07 Oct 2010

A Moscow bank closed by Russian authorities this week reportedly owing more than $US1 billion to creditors is owned by a New Zealand-registered company.

The Central Bank in Russia has forced the closure of International Industrial Bank (IIB), citing a failure to meet obligations to creditors, lack

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