Siluanov promised to maintain the web in its current form


Moscow. December 23. Finance Minister Anton Siluanov, whose Agency at the meeting of Vnesheconombank’s Supervisory Board on Tuesday, was requested to prepare proposals on measures to support the Bank, assured that the Bank will continue in its current form, but will be improved structurally.

“Proposals will be prepared within a week, since yesterday. Now hold consultations with colleagues, including VEB, prepare proposals,” – he told reporters on Wednesday.

Answering the question of whether the web in its current form, Siluanov said: “of Course. On the contrary, will improve structural”.

VEB requires government support to avoid default on debt obligations. Called different numbers for state aid, up to 1.5 trillion rubles. In the first half of 2015, the web has received a net loss under IFRS 73.5 billion rubles due to the high costs of loan impairment provisions. The main source of problems of VEB loans under the so-called “special projects” that the Bank issued by resolution of the Supervisory Board and now no revenue.