March 1, 2018 / 2:21 PM / 6 months ago

BRIEF-Russia's MTS could raise stake in MTS-Bank

March 1 (Reuters) - Mobile TeleSystems (MTS) says:

* The board of directors has authorised setting up a special committee for studying a possible increase of MTS's stake in MTS-Bank;

* MTS currently has a stake of around 27 percent in MTS-Bank, while MTS's parent company, the Sistema conglomerate , owns 71.87 percent. Further company coverage: (Reporting by Moscow Newsroom)

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