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EBRD may sell 2,400 freight wagons seized from Interleaseinvest
Journal Staff Report

KIEV, March 24 – The European Bank for Reconstruction and Development, which took away a fleet of 2,400 freight wagons under a collateral agreement in court from Interleaseinvest, could sell it later, EBRD Corporate Recovery Department Director Kamen Zahariev said.

He said wagons on the bank's balance sheet are for some period of time. The bank is not the natural operator of the wagons. Usually assets used as collateral are transferred to someone's management or in some period of time the assets are sold, he said. The bank would stick to the same strategy in this situation, Zahariev said.




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