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.
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