The Ministry of Finance has prepared a decree on the admission of rehabilitated banks to work with public funds

Moscow. September 21. INTERFAX.RU – Ministry of Finance of the Russian Federation developed a draft government decree allowing rehabilitated banks to access the work with public funds, reported “Interfax” a source in the financial-economic bloc of the government.

To change the requirements banks need to amend a number of laws and relevant government regulations.

As previously reported, the head of the Central Bank Elvira Nabiullina in mid-September submitted to the Cabinet a letter with a request to allow the reorganized banks to the budget and strategic enterprises, this happened against the background of financial rehabilitation of the Bank “FC Opening” with the Foundation’s help of consolidation of the banking sector (VCBS).

According to a source “Interfax”, the draft decree the Ministry of Finance sent on 20 September the Ministry of economic development, Ministry of labor, Ministry of health, Ministry of construction, Ministry of industry and the Central Bank with the request to agree on a document for days, i.e. until 21 September.

He noted that the rehabilitated banks is invited to provide access to jobs with pension savings, savings for housing for military personnel, Federal Fund of obligatory medical insurance, territorial funds of obligatory medical insurance, insurance contributions to the accumulative pension funds to insurance against accidents and occupational injuries, funds deposited as security for public procurement, compensation funds of SROs.

As previously reported, citing a source, the head of the Central Bank was asked to consider the issue in the shortest possible time in connection with the beginning of reorganization of the Bank “Opening”.

The regulator also on 21 September announced the introduction of the Bank and Increase the Bank temporary administration, which included employees of the Bank of Russia and Fund management company consolidation. With his participation will be sanitized, both the credit institution.

B & n Bank for the first half of 2017 took 12 th place in terms of assets ($1 trillion 123 billion rubles) in the ranking “Interfax-100” prepared “Interfax-CEA”, and ranked seventh in the size of deposits (553 billion).