Rus News Journal

The law on the authorised banks

From the bill " is passed; About the authorised banks of St.-Petersburg

- Nominees of commercial banks should meet following obligatory requirements:
- the period of activity of bank - not less than 3 years;
- own capital of bank - not less than 50 mlrd rbl.;
- the sum of actives - not less than 1 trln rbl.;
- presence of the general bank licence;
- unconditional performance of the established Central Banks of economic specifications during the last 12 - ti accounting dates;
- profitability of the capital - not less than 50 %.
- Additional (advisory) requirements:
- presence of experience with the budgetary organisations;
- absence of claims of the Central Bank under the account and the reporting;
- participation of bank in financing of city investment and innovative programs;
- qualification of administrative personnel should meet the requirements of the Central Bank;
- the bank hardware should meet the requirements of the Central Bank.