April 07, 2017 BY LeapRate Staff

Promsvyazbank's PSB-Forex becomes eighth Bank of Russia FX license recipient

LeapRate Exclusive… LeapRate has learned from filings made in Russia that the Bank of Russia has issued an eighth license to operate a retail forex brokerage operation in the country, to PSB-Forex LLC. PSB-Forex is the newly-established retail forex brokerage subsidiary of second tier Russian commercial bank Promsvyazbank. Promsvyazbank ranks eleventh in assets among Russia's largest banks,…

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