Bank Saint Petersburg raises $53m in oversubscribed share sale

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Bank Saint Petersburg raises $53m in oversubscribed share sale

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ST PETERSBURG, RUSSIA - JULY 11, 2017: An aerial view of the Admiralty building, the Palace Bridge, and the Spit of Vasilievsky Island. Peter Kovalev/TASS | Peter Kovalev/Tass/PA Images

Bank Saint Petersburg, the Russian regional retail bank, has successfully priced a Rb3.2bn ($53m) equity capital increase, through a multi-day bookbuild that finished on Friday.

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