Medvedev instructed to make a report on the placement of funds of state companies in banks unreliable

MOSCOW, February 25. Prime Minister Dmitry Medvedev instructed the Federal service for financial monitoring to provide up to 26 February a report on the facts placement by state funds in banks with unsatisfactory financial position or deprived of license. This was reported on the website of the Cabinet.

“The Federal financial monitoring service (Y. A. Chikhanchin) with the participation of the Ministry of Finance, Ministry of economic development of Russia, Bank of Russia, audit chamber to submit, by 26 February 2016 the Government of the Russian Federation report on the placement of state corporations and companies with state participation funds in the credit organisations, subsequently deprived of the license for banking operations or having an unsatisfactory financial position, with proposals for measures to prevent these situations”, – stated in the message.