PARIS — Renault’s Banque division has agreed the sale of its Russian leasing subsidiary to Perception Funding Group, as main Western firms depart within the wake of Moscow’s invasion of Ukraine.
“This divestment represents the ultimate step within the withdrawal of RCI Banque SA from the Russian Federation, in step with the choice made by the Renault Group in 2022.
Particulars of the settlement should not topic to disclosure,” the corporate stated.
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