In October, the Financial Times reported that in addition to selling-off non-core assets in Canada, VimpelCom is also looking to dispose of its non-core assets in Sub-Saharan Africa, Laos, and Cambodia.
The sale and run-off of non-core assets, first set out in early 2009 at the start of the RBS's three-to-five-year recovery plan, meant a fifth of the balance sheet was to be non-core, and the balance sheet was to be halved in size.