Russian government approve banking reform strategy

RUSSIA - The Russian government approved, in broad outline, a banking reform strategy in Russia on 27 September.According to Tatyana Paramonova, first deputy chairman of the Central Bank of Russia, the E5-million minimum capital to be introduced on 1 October for newly established banks complies with the European Union standard. All Russian banks will have to confirm the compliance of their capitals with new capital requirements by 2004.The higher minimum capital of E10 million may be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: