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Russia's Otkritie repays $4.75 bln to central bank ahead of schedule

MOSCOW, March 16 (Reuters) - Russia's Otkritie Bank, rescued by the state last year, has paid back 273 billion roubles ($4.75 billion) to the central bank ahead of the schedule, Otkritie's press office said on Friday.

The central bank injected 1 trillion roubles into Otkritie in September to bail out a business that was once Russia's largest private lender.

Otkritie, under a new management, is gradually paying back the bailout funds. As of Friday, it still owed the central bank around 110 billion roubles.

($1 = 57.4175 roubles) (Reporting by Tatiana Voronova Writing by Andrey Ostroukh Editing by Mark Potter)