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Moscow ex-mayor Luzhkov says Bank of Moscow unaffected by his dismissal

© RIA Novosti . Ilona GolovinaBank of Moscow, the core bank of the city administration
Bank of Moscow, the core bank of the city administration - Sputnik International
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Moscow ex-mayor Yuri Luzhkov, who was sacked late in September for losing the trust of the Russian president, said on Tuesday that the Bank of Moscow, the core bank of the city administration, would be unaffected by changes in the Moscow government.

Moscow ex-mayor Yuri Luzhkov, who was sacked late in September for losing the trust of the Russian president, said on Tuesday that the Bank of Moscow, the core bank of the city administration, would be unaffected by changes in the Moscow government.

"I do not think that anything will change. The bank operates independently and is not engaged in politics," Luzhkov told RIA Novosti in Vienna, where he is on holiday with his wife.

Luzhkov said the Bank of Moscow, as "a good, serious and conservative bank," should continue its operations as usual.

However, experts said the bank could fall victim to political risks following Luzhkov's dismissal.

 

VIENNA, Oct 12 (RIA Novosti)

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