Reports of plans to buy bank 'hoax' - Russian Church

Source: Interfax-Religion

January 14, 2016

    

The Moscow Patriarchate has dismissed rumors about its intention to buy the Moscow-based bank Ergobank.

"We know nothing about it. Most likely, it is just a hoax," head of the Patriarchate's financial department, Metropolitan Mark of Ryazan and Mikhailovsk, told Interfax-Religion on Wednesday.

A number of media reports said earlier that the Church was in talks over the purchase of a majority stake in Ergobank.

The bank, which has been experiencing problems with liquidity, stopped paying out deposits to individual clients. The bank, founded in 1994, is used by over 60 Russian Church organizations from 18 dioceses.

Interfax-Religion

1/14/2016

See also
Russian Government Gives Church $40 Million to Set Up Spiritual Centers Russian Government Gives Church $40 Million to Set Up Spiritual Centers Russian Government Gives Church $40 Million to Set Up Spiritual Centers Russian Government Gives Church $40 Million to Set Up Spiritual Centers
The Russian Orthodox Church is to get a total of 2 billion rubles ($40 million) from the federal budget for the creation of spiritual enlightenment centers, a news report said Friday. Cupolas and crosses crown churches of the Solovki Monastery at 500 ruble banknote Cupolas and crosses crown churches of the Solovki Monastery at 500 ruble banknote Cupolas and crosses crown churches of the Solovki Monastery at 500 ruble banknote Cupolas and crosses crown churches of the Solovki Monastery at 500 ruble banknote
A depiction of Orthodox crosses appeared on a new 500 ruble banknote issued on September 6. Orthodox Church Denies Seeking to Prosecute Russians for Heresy Orthodox Church Denies Seeking to Prosecute Russians for Heresy Orthodox Church Denies Seeking to Prosecute Russians for Heresy Orthodox Church Denies Seeking to Prosecute Russians for Heresy
The Russian Orthodox Church has never pushed to make heresy a criminal offense and described media reports about this as a part of "smear campaign" against the Church, a source from the Church's press department said on Wednesday.
Comments
Here you can leave your comment on the present article, not exceeding 4000 characters. All comments will be read by the editors of OrthoChristian.Com.
Enter through FaceBook
Your name:
Your e-mail:
Enter the digits, seen on picture:

Characters remaining: 4000

Subscribe
to our mailing list

* indicates required
×