Central bank Russian Federation (Bank Russia) supported opening of branches of foreign banks to Russian Federation

The vice-chairman Central bank Russian Federation (Bank Russia) Vladimir Chistyukhin declared that the regulator supports the bill Ministry finansov about permission to the foreign credit organizations to open branches to Russian Federation. He reported about it in interview to daily social and political business newspaper "Izvestiya". The foreign banks having the friendly status, will be able to open branches in the territory Russian Federation in the presence of the corresponding accreditations. These branches will be able to carry out transactions on the accounts of legal entities, to carry out money transfers, and also to buy and sell foreign currency both cash, and non-cash means...