The Ministry of Finance expects that Russian banks will be able to securitize the domestic market
2 October 2013, Wednesday
The Ministry of Finance expects that in the future, after the adoption of relevant legislation, Russian banks will be able to securitize the domestic market not only mortgage loan portfolios, said Deputy Finance Minister Alexei Moiseev, speaking at the forum "Russia Calling" organized by "VTB Capital".
He noted that in the first reading and preparing for the second reading of the bill has already passed by the Parliament. This bill introduces in the Russian law concepts such as special financial holding company.
On November 5, speaking at the Government House of the republic at a regional video-conference held by Tatarstan President Rustam Minnikhanov with participation of Prime Minister of the Republic of Tatarstan Aleksey Pesoshin, First Deputy Minister of Construction, Architecture and Housing of the Republic of Tatarstan Aleksey Frolov reported that to date, as many as 2 million 954 thousand square meters of housing have been commissioned in Tatarstan.
On November 27, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Deputy Chairman of the Executive Board of Sberbank Olga Golodets discussed the issues of the introduction of Sber digital products in the healthcare sector of Tatarstan.
On November 25, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Director General of the Fund for the Protection of Citizens' Rights - Shared Construction Participants Konstantin Timofeev discussed the completion of the construction of problematic shared construction facilities in Tatarstan.
On October 28, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for the 9 month of the current year and to approve budget amounts for October of 2020.
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