MOSCOW, December 25. The state office of public Prosecutor of the Russian Federation raised the question about the dismissal of the Deputy Chairman of Vnesheconombank (VEB) after checking in JSC “Russian Bank of support of small and medium enterprises” (SME Bank), 100% shares of which moved earlier in trust management of VEB.
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The results of the test informed the President of Russia Vladimir Putin and Prime Minister Dmitry Medvedev, reported on the website of the Prosecutor General.
An “eligible SME Bank failures have a negative impact on the creation of favorable conditions for business development and do not contribute to the expansion of access of subjects of small and average business to financial support, about results of audit informed the President of Russia Vladimir Putin and Prime Minister Dmitry Medvedev. The question about the dismissal of the Deputy Chairman of Vnesheconombank, who previously headed the Supervisory Board of SME Bank”, – stated in the message.
Problems VEB
As previously reported, EBV for the second year shows a loss. The loss of Vnesheconombank group in 2014, according to international standards amounted to 250 billion rubles In the first half of 2015, the loss of the Corporation amounted to 73.5 billion rubles, the Bank’s Assets for the first half of this year amounted to 3.85 trillion rubles.
22 December, Prime Minister Dmitry Medvedev instructed the Finance Ministry to prepare the final order in support of the Bank. According to him, the necessary plan for optimization of the Bank’s work with various state and other support.
The political decision to support the state Corporation has already been made, the state must in the near future to determine the form of support. Help options are under active discussion with financial authorities and representatives of the Bank.
