EQS-News: Yandex Announces Acquisition of a Bank to Obtain a License
More than 85% of Acropol's assets are represented by highly liquid instruments, including cash, government bonds as well as bonds and deposits of the Central Bank of Russia.
- More than 85% of Acropol's assets are represented by highly liquid instruments, including cash, government bonds as well as bonds and deposits of the Central Bank of Russia.
- Acropol doesn't have any offline branches.\nThe transaction is subject to regulatory approval by the Central Bank of Russia.
- Yandex applied for approval on April 28, 2021.\nYandex (NASDAQ and MOEX: YNDX) is a technology company that builds intelligent products and services powered by machine learning.
- Yandex, which has more than 30 offices worldwide, has been listed on the NASDAQ since 2011 and on the MOEX since 2014.\n"