Gref proposed live on cards

The head of the Savings Bank has been supporting the American experience of storing information on a simple and universal support. In Russia without a passport could hardly be sound in the street. To enter the building official or commercial organization - ask your passport, buy a ticket on the train or plane - a passport to visit a doctor at a local clinic can only presenting identity cards. You are stopped by the representatives of the police - and you have no documents - will be detained for several hours prior to the establishment of personal data. The impression is that Russia - a country distrustful of itself. Wearing the documents provided to security? A good excuse for officials, but the terrorists also have a passport, and if a problem arises, then buy them from our own citizens. At last St. Petersburg Economic Forum, German Gref took part in a discussion with the president of VTB-24, Mikhail Zadornov. Head of "Sberbank" defended the idea of ??introducing a "universal electronic card, which will contain all the personal information of a citizen: passport, tax and pension information and bank details to make payments. The introduction of the card system will cost 150 billion and will require several years of work. Gref believes that this measure will in future be reduced to 70% of the officials. Zadornov opponent opposes innovation because citizens will offer to use cards with accounts in Sberbank, which would put credit institution, suffering from an already large queues to a standstill.

Universal card filed claims

Long time because of the lack of formal rules of accession banks could not join the project of a universal electronic card, but the Economy Ministry announced yesterday the basic requirements for the issuing banks, writes Kommersant. Thus, the main limitation was the minimum capital that must not be less than 3 billion rubles. At the moment, this criterion correspond to approximately 120 domestic credit institutions. In addition, the bank must participate in the deposit insurance system does not have a ban on the Central Bank of any operations within six months, as well as violations of norms of capital adequacy, the current and immediate liquidity. Among other things, the financial institution must have experience in payment cards for at least 3 years old, and the ATM terminal network and a certain level of ratings. Recall that while the project involves only a few banks: Sberbank, "Ak Bars", Uralsib and the Bank of Moscow. Release of the universal card to begin with July 1, 2011. And by 2014-2015. State plans that such a map will appear in every Russian. It is assumed that a universal card would be an analogue of the passport rights, as it will contain dozens of applications social issues: pension, health, education, transport, etc. It will list all payments from the budget, and with it will be possible to pay fines and taxes.

Banks blocked tourist maps

Domestic banks hastily blocked card customers, who last year stayed in some hotel chains in Western Europe. Presumably, the unknown content of the information seized 2,500 banknotes of Russian origin. Donated tourists vacationing in Germany, Austria, Belgium and Switzerland. And the first precedent of fraud have already made themselves felt in Spain, France and Romania. Representatives of the "Alfa Bank said that all clients are potentially at risk of becoming victims of fraud through sms notified of blocking the card. Instead of the bank's credit card users will receive new, completely free. Exchange has already begun and will be moving at speeds of 100-200 cards per week. Similar operation had already spent "UniCredit Bank".

Another way to trick the owner of a credit card

As reported by the officers of "K" the Interior Ministry, the Russian "Zeki" invented a new way of cheating using a mobile phone. This was stated today the spokesperson of the management Irina Zubarev. "At the subscriber's mobile phone network comes sms with the text:" Your bank card is blocked. "Also, the report listed phone number where the subscriber must call to get information about the reasons for blocking the card. Sms in specifying that the call is free. Once caller dials the number, informing him that the bank server crashed and asked to provide credit card number and pin for troubleshooting "- explained Zubarev. Naturally, as soon as the "hick" said his data, he loses all his money on the card, all translated into the mobile phone account, which belongs to the fraudster. It was established that the organizers - people imprisoned in places not so remote, stressed the spokesperson.

FSB has detained an international swindler

Russian Federal Security Service detained several suspects, including Russians Viktor Pleschuka. They are accused of hacking into company computer network RBS WorldPay, which serves bank cards and is part of Royal Bank of Scotland. This writes the British newspaper Financial Times citing an anonymous source close to the investigation. Russian security officials proprosili his colleagues from the FBI not to disclose information on arrests of suspects in order not to compromise ongoing operations, the newspaper notes. In turn, representatives of the Federal Security Service, FBI and U.S. Justice Department declined to comment on the situation. And it was so. In November 2008, 25-year-old resident of Tallinn Sergei Tsurikov, according to the investigation, through a network of RBS WorldPay to gain unauthorized access to data of debit cards used in the U.S. by some companies. He handed the data to their accomplices Tallinn Igor Grudievu, Ronald Tsoi, Evelyn Choi and Michael Evgenovu, whose task was to cash withdrawals at ATMs. Within one day, fraudsters cashed at ATMs in Tallinn more than 300 thousand dollars, writes the Financial Times. But it was only the beginning. By "process" joined other members of organized crime. They cashed in 2,1 thousand ATMs worldwide more than $ 9 million, using a copy of the hacked cards. Money shot in 280 cities in the U.S., Russia, Ukraine, Estonia, Italy, Japan and other countries. But on May 6 last year, the Estonian police arrested Sergei Tzurikov, Ronald and Evelyn Choi, and Igor Grudieva and Michael Evgenova.

Non-cash payments have become more popular

At the end of the last quarter of last year the share of cashless payments in the total volume of transactions using bank cards rose to 9.3% from the data of the Bank of Russia. During this period the turnover of bank cards totaled 2.735 trillion rubles. This is more than the previous quarter to 11.9%.

Savings and Magnitka pleased - peer review of the market

After yesterday's bulls pause again today moved the market to new heights against the backdrop of global indices and lift oil prices. Favorite trades of the chips is likely to again be Gazprom shares, which yesterday had already confirmed their dynamics better than the market. In terms of evaluation by the discounted cash flow fair value of shares of the holding gas is 7-9 dollars we expect a positive opening of the Russian index of 1%. The current year should be a year of recovery of the Russian stock market and bonds next year - the real economy. Today, Dmitry Medvedev and Kazakh President Nursultan Nazarbayev will participate in the Sixth Interregional Cooperation Forum in Orenburg. Sberbank reported second-quarter better than expected. German Chancellor Angela Merkel has said that Opel will be sold Savings Bank and Magna. GM representatives reaffirmed their intention to give Opel is a Canadian-Russian consortium. Magna and the Savings Bank were able to have his own and gain access to intellectual property Opel. Purchase cost a consortium of 500 million euros. Magnitogorsk Metallurgical Combine has published a strong financial reporting under IFRS for the second quarter. Net income for the second quarter was $ 59 million, although the market had expected a loss. However, the growth potential of Magnitogorsk securities at current levels is limited. Yesterday, documents governing the work of a joint venture between the Venezuelan state company PDVSA and Russia's national oil consortium, it includes Rosneft, Gazprom Neft, LUKOIL, TNK-BP and Surgut.

IBRD again expanded the list of payments made in devices and systems, self-service bank

Companies NetByNet, CenterTelecom, Star Trek and Spark joined the list of Internet service providers whose services can be paid through a system of "Internet banking or via the device self-service network WB. Now clients of bank can independently carry out payments for more than 80 suppliers of bulk services, without having to visit especially for the offices of the Bank. "Continued development of the functional value-added services by the Bank primarily for the convenience of our customers. In addition, we strive to offer the same full range of services through various channels self-service "- said Elena Voronina, Advisor to the Chairman of the Moscow Bank for Reconstruction and Development (IBRD), the retail unit and marketing. For a complete list of service providers, in whose favor can make payments at ATMs and terminals of the bank, internet and mobile banking, you can contact the Call Center by phone: (495) 777-000-1 or 8-800-777 - 000-1 (toll free from anywhere in Russia), as well as on the Bank www.mbrd.ru. Info on the Bank Joint Stock Commercial Bank "Moscow Bank for Reconstruction and Development (Open Joint Stock Company) - Russian private bank, are among the top 30 banks in Russia. IBRD is present in the banking market since 1993. (General License of Bank of Russia for banking operations № 2268 from 12.11.2002 years). Assigned high ratings to the bank the world's largest credit rating agencies. In the banking group "IBRD" also includes JSC Dalcombank (Khabarovsk), and East-West United Bank SA (Luxembourg).

Expensive cars - cheap credit

The government intends to extend the program of preferential car loans and remove the constraints on the car's cost, said the head of the Ministry of Economic Development Elvira Nibiullina. While the program will only include those vehicles, the retail price not exceeding 600 thousand rubles. The state program of preferential car loan was launched in April this year. The State compensates the bank that provides loans, 2 / 3 of the refinancing. Recall that since the beginning of the program refinancing rate has decreased from 12,5% to 10%. In the first version of the program were given loans for cars assembled in Russia a maximum value of 350,000 rubles, with an initial contribution of at least 30%. In early July, Russian Prime Minister Vladimir Putin signed a decree that increases from 350 to 600 thousand rubles limiting price level of car prices, for which the government subsidizes the interest rate. In this case, the initial payment for the loan was reduced from 30% to 15%. The program so far involved only four banks: Sberbank, Russian Agricultural Bank, VTB 24 and Gazprombank. According to media reports, are considering to join the program Bank of Moscow, and Unicredit Bank. Credit is given for three years. To compensate for the bank interest rates from the budget will allocate 2 billion rubles this year, 1.5 billion - in the next 500 million rubles in 2012. Thanks to these measures, in September, the volume of car loans rose from August by 1,5 times, and there was a reduction of bank interest rates.

Who earned a catastrophe?

Secretary-General of the Polish Council of memory Struggle and Martyrdom Andrzej Pshevoznika robbed posthumously. Secretary-General of the Polish Council of memory Struggle and Martyrdom Andrzej Pshevoznika robbed posthumously. On the theft of bank cards passenger Tu-154, which killed the political leadership of Poland, said the publication Gazeta.ru. Press secretary of the Polish government Gras Paul distributed information about the theft of two bank cards Andrzej Pshevoznika law enforcement bodies of Russia. Attackers have made the first transaction of approximately three hours after the tragedy. They used ATMs located in Smolensk. From the account was debited an amount equivalent to 1.7 U.S. dollars. "Three of riot policemen who committed this shameful act were quickly apprehended, thanks to the cooperation of the Agency internal security of Poland and the security services of Russia»,

Normal flight - we fall! - Expert Commentary

Against the backdrop of negative statistics reduce U.S. indices turned out to be spectacular, Dow-Jones fell by 2,09%, S & P - at 2,576%, Nasdaq - on 3.06%. Fed Governor Jeffrey Lacker said that interest rates could be increased even with continued growth in unemployment. However, in our opinion, this is unlikely, the U.S. monetary authorities will not tighten monetary policy until the final recovery. Worse than the market is trading at today's Russian financial sector. On the background of continued high oil prices better than the market will share the oil and gas sector. Given the high weight of oil and gas industry in the Russian stock indexes at the opening of today's trading can be expected to only a moderate decrease -0.5-1%. After a morning gap down trading is likely to stabilize before the next portion of the important evening of American statistics. Iran unexpectedly announced its readiness to buy uranium abroad, in response to the West has decided not to pick up until the issue of sanctions, the local negative for the oil market. The Government has made to the State Duma the draft amendments to the Tax Code on the new severance tax for coal deposits. Decided to lower interest rates compared to those that were considered at the presidium of the Government in July. Positive for the coal companies. S & P lowered its long-term counterparty credit rating of Gazprombank to "BB" from "BB +", national scale rating - to "ruAA" with "ruAA +".

VTB become generous

The second largest Russian bank VTB will direct the payment of dividends over the past year 25.54% of net profit under Russian Accounting Standards (RAS), or 0.058 penny per share. Last year the figure was 0.0447 cent a year. Recall that 85.5% of the shares of the bank owned by the state. That's how much dividend VTB Supervisory Council recommended that accrue to shareholders, according to a press release from the bank. In another communication, financial services company said that net profit according to IFRS for the year 2009 amounted to 23.75 billion rubles. Dividends for 2008 were at 11.18% of net profit (3 billion rubles), and in 2007 - about 50% (about 9 billion rubles). In May 2007 the bank conducted the infamous "popular" IPO. Yielding to propaganda, advertising, credit institution, the bank's shares have bought more than 120 thousand Russians. In the IPO shares were placed at a price of 13.6 cent per security. At the closing of the MICEX on Wednesday, 1 share of VTB worth 8.55 cent. As noted by the bank as a whole, for the payment of dividends for the past year will be allocated 6.067 billion. If approved by Shareholders dividends will be paid in cash, by bank transfer to shareholders' bank accounts and cash in the branch of VTB in St. Petersburg at the address. Bolshaya Morskaya 30. Payment of dividends will be held within 60 days from the date of the decision the annual meeting of shareholders to be held on June 4.

Russian trucks to promise a bright future

Today in Naberezhnye Chelny in the presence of Russian Prime Minister Vladimir Putin, the opening production of diesel engines at a joint Russian-American company Cummins Kama. "" This is a landmark for the domestic automotive industry event - the first time in 35 years, Russia has established a new production of diesel engines for trucks that meet the latest requirements, "- proudly stated in a press release of the company" KAMAZ, Russia's largest manufacturer of heavy trucks. In 2006, JSC "KAMAZ" and Concern Cummins Inc. (USA), a global leader in the development of and the production of diesel engines and diesel generator sets, signed the founding documents of the joint venture ZAO Cummins Kama "engine manufacturing standards Euro-3", "Euro-4 and Euro-5" capacity 140-300 hp . for the Russian market. At Cummins engine low fuel consumption, they meet the environmental standards for harmful emissions in the exhaust gases ("Euro 3", "Euro-4 and Euro-5"). The total project cost was 2.7 billion rubles, he should pay off for 6.5 years. According to experts, new engines and increase the value of "Kamaz" almost 5%. According to Vladimir Putin's government anti-crisis program, designed to "KAMAZ" demonstrated its effectiveness. "I in December last year was "KAMAZ", we have outlined an entire program to support the company and the automobile industry, and it all worked, "- he emphasized." We have allocated extra money for the purchase of vehicles for state needs 12.5 billion and an additional 3 billion, of which nearly half went for the purchase of "KAMAZ", - Putin added.

Investors and speculators: major events and comments to them today

North-West Telecom is planning to publish consolidated financial statements for the 9 months of 2009 In recent years the main driver of revenue growth of inter-regional operators have Internet access services. However, for the North-West Telecom ", the situation is complicated by the high competition in the region, which limits the increase in revenue from this area. This is somewhat offset by such traditional for the company positively, as a relatively low debt burden, high liquidity and a stable operating margin. If reporting for the first 9 months of 2009, any of these indicators show negative dynamics, it can exert pressure on the quotation of the operator. In addition, you should pay attention to the structure of the debt portfolio. Commitment to short-term financing in the current situation does not provide the necessary financial stability, so that the shift towards building long-term borrowing will be a positive factor. We can expect that the publication of a rather noticeable impact on the dynamics of the market, "North-West Telecom, as the subject of reorganization of Svyazinvest, which affects the quotes IDC, recently moved into the plane of the mobile, while the issuer does not have mobile assets. With information on the financial results of Russian companies for the 9 months of 2009 can be found at Foundation for Lenstroimaterialy in Financial Calendar (http://brok.ru/calendar/). The MICEX start trading in shares of the Institute of human stem cells. " Demand for the papers of the first Russian biotechnology companies entering the stock market turned out to be quite high, which also contribute to lower the offering price of securities, set at 9.5 rubles.

Rosnano place bonds for 50 billion rubles

Rosnano place securities amounting to 50 billion rubles by the end of this - the beginning of next year. Said head Rosnano Anatoly Chubais. However, he stressed that the bonds will be placed before the public corporation will be a public company. Recall that, according to Deputy Prime Minister Sergei Ivanov, Rosnano worth in terms of corporatization of one of the first among public corporations. However, after the corporatization of the company at 100% will be owned by the state. Judging by statements made by senior government officials, they have no clear position, whether or not to allow this company to private capital. Told the head of Rosnano in February, the corporation in 2010 could place the bonds in the amount of 25 to 40 billion rubles. In late 2009, it was reported that Rosnano in 2010, intends to issue bonds up to 53 billion rubles. Moreover, in competition at the option of the organizer of victory Gazprombank and Troika Dialog. The other day, namely April 21, the State Duma approved the first reading of a bill that gives Rosnano borrow money in the debt market. Today Rosnano - a nonprofit organization, so she has no right to issue bonds.

Belarus is confident in the victory over Russia

Ministry of Justice (MOJ) of Belarus believes that Belarus has a network of large chance of winning the lawsuit oil dispute with Russia. This was stated by Minister of Justice of Belarus Viktor Golovanov. Recall that last week, Belarus has submitted to the CIS Economic Court action against Russia over its collection of export duties on oil products. "We must win this litigation. From a legal point of view, I think our position perfectly. Otherwise we would not have sued" - said Golovanov. The basic agreement between the two countries for the supply of petroleum and petroleum products involves the collection of fees only in respect of crude oil. "We believe that the supply of other petroleum products should be applied a zero rate of duty," - said Golovanov. The International Treaty, in particular, this agreement is worth over national law in accordance with Article 15 of the Constitution. "Decisions of the CIS Economic Court are advisory in nature, but a court of EurAsEC, which performs the functions of the Court of the CIS, are mandatory," - said the minister. CIS Economic Court on March 26 registered a complaint against Russia, Belarus to the incompetence of levying customs duties on petroleum products supplied to Belarus. The reaction of the Russian side was calm. In particular, the first deputy chairman of the Duma Committee on Foreign Affairs Leonid Slutsky said that the move indicates the transition to a civilized solution of bilateral economic disputes.

Belarus and Russia will soon sorted out in court

CIS Economic Court no later than 30 days will determine when to begin razbirtelstvo claim of Belarus to Russia. The dispute concerns the customs duties on petroleum products. This was announced today RIA Novosti court. We recall that a month ago, Belarus has sued the Russian Federation. According to Minsk, the free trade agreement and an agreement on a customs union implies the abolition of duty. The fact that Russia has imposed them on petroleum products are imported from Russia to Belarus. According to a representative of the court last night to board the CIS Economic Court decided to consider the claim of a violation of existing agreements on free trade and customs union within the Eurasian Economic Community (EEC). This court serves as the Economic Court of the EurAsEC. And from 1 July this year, he will serve as the court of the Customs Union of Belarus, Kazakhstan and Russia. The Agreement on the Status of the Economic Court of the CIS: Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Russia.

Russia joins the WTO this year

Our country is already the end of 2010 may enter the World Trade Organization ( WTO). This was announced today told Deputy Foreign Minister Alexander Grushko. "For many years Russia, not being a WTO member, acts as a WTO member. We believe that these two realities have finally come together in one plane, and, in our view, this can be done with goodwill this year. That is, until the end of the year Russia may join WTO ", - said Russian official. Recall that Russia is trying to become a WTO member since 1993. Procedures for joining the organization usually takes 5-7 years. Working Party on Russia's accession to the WTO decided on Tuesday resume negotiations. In the summer of 2009, it was decided to suspend Russia's negotiations for accession to this organization. Since it was agreed to accede to the WTO, together with Belarus and Kazakhstan. But then it was decided to accede to the WTO separately. Official Russia's negotiations for accession to the WTO may resume in July.

Medvedev gave Lukashenko 5 days

The Russian side gives Belarus for five days to decide on the payment of the debt for Russian gas, and the terms of the contract with Minsk allow Gazprom to cut gas supplies to the country in proportion to the formed debt. "In accordance with the terms of the contract, we have every reason to reduce gas supplies to Belarus in proportion to the debt to Gazprom",

Russia, as before, wants to join the WTO

Russia's position on WTO accession has not changed. As follows from the statements of the Russian president, Dmitry Medvedev, Moscow, although seeking to create a customs union with Kazakhstan and Belarus, WTO (World Trade Organization) remains a priority. He said this today at a press conference after the summit in Rostov-on-Don. "We have nothing has changed in regard to the WTO, despite our desire to create a full-fledged Customs Union, single economic space with Kazakhstan and Belarus" - said Medvedev. "Not changed, because we are in principle proponents of WTO accession. We believe that without it our nation can not develop normally in the world economic space", - he said. "We did not agree about anything else with our partners, except that we join together, or, if possible, and if the degree of progress in our negotiations will be different, but today it is, will join individually," - said Russian head of state. Russia is trying to become a WTO member since 1993. Procedures for joining the organization usually takes five to seven years. Recall that unexpectedly last year, Russia has refused to join the organization itself. It was decided to join the WTO, together with Belarus and Kazakhstan single customs union. But then still Russian officials reiterated their readiness to continue negotiations on WTO accession of Russia out of the Customs Union.

Belarusians will gradually turn off the gas

"Gazprom" will limit gas supplies to Belarus on Monday, "Gradually, day and is proportional to the volume of debt," said the head of the gas holding company, Alexei Miller during a meeting with Russian President Dmitry Medvedev. Miller informed the president that talks to resolve the Belarusian debt for gas ended in vain. Medvedev said that together with the measures taken need to continue negotiations with Minsk. Gazprom should act in accordance with treaties and according to "our understanding of partnerships and the challenges that exist," the president said. "But nevertheless - he said - we must defend the interests of Russian consumers and, ultimately, the Russian state."

Gas on sovereignty

Russia again stands on the threshold of the gas war. At this time, with Belarus. Today at 10:00 Moscow time, Gazprom began to gradually reduce gas supplies to Belarus, said the head of holding company, Alexei Miller. In the beginning, the reduction was 15% of the RDA. Then, the volume decreased to 85%. The reason for the conflict - the duty of Minsk for gas. This year Belarus pays for the price, which he considers appropriate. Naturally, it is significantly lower than in the agreement reached between the Russian gas monopoly and Minsk. In particular, the cost of gas supplies under the contract amounts to 169 dollars per thousand cubic meters, but as long as Belarus pays $ 150. Thus, by May 1, the Belarusian debt rose to 192 million dollars. According to experts holding debt Beltransgaz may increase by the end of the year to 500-600 million dollars. Order to cease the supply of gas has given Miller the president of Russia Dmitry Medvedev. Meanwhile, the Belarusian side insists that the actions of "Gazprom" unlawful. " The representative of Beltransgaz refers to the fact that the Russian monopolist is payable for transit. According to him, the top management of Gazprom's intentionally misleading the Russian head of state. Late last week, Belarusian President Alexander Lukashenko emphasized that this republic, Gazprom does not have to. To this statement, immediately followed by the reaction of Russia. First Vice-Premier of Russia Viktor Zubkov noted that the claims of Belarus to Russia - "unfounded", there is no documentary evidence.

Europeans are afraid of a new "gas war»

The European Commission in connection with disagreements between Russia and Belarus to pay for supplies and gas transit, threatening to limit supply of gas transit to Europe, may convene an emergency meeting of the Coordinating Group on Gas Union, told RIA Novosti on Tuesday, a diplomatic source close to the European Commission. "It is possible that in this situation, the European Commission will convene for an emergency meeting of the expert group of the EU Gas",

Gas blitzkrieg

Russia-Belarus gas dispute on Thursday, nearly came to nothing: the supply and transit of Russian gas paid for and fully restored. However, the parties not fully resolved the disputed issues - in particular, negotiations are continuing at the rate of transit through Belarus. Gazprom estimates its "transit" debt in 228 million dollars - a sum he paid, though, Minsk, counting the Russian debt at a higher rate, insists on payment of $ 260 million. In this case, Belarus itself paid for Russian gas at $ 5 million less than the demanded by Gazprom. GAS PIPE went to the morning of Thursday, Gazprom confirmed the payment of arrears for gas, as stated on the eve of Belarus, and announced that all restrictions on the supply of "blue fuel" to the country lifted. According to the head of the Russian holding Alexei Miller, supplies, since the beginning of the week abbreviated because of the Belarusian debt to 60% of the plan, fully resumed at 10.00 MSK. Debt arose because of the calculations for natural gas in January-April, not on contract, as established by Belarus unilaterally price, and estimated by Gazprom at 192 million dollars. First Vice-Premier of Belarus Vladimir Semashko said yesterday that Moscow was transferred 187 million dollars. In addition, Miller said that Gazprom would pay for gas transit through Belarus on the contract price of 228 million dollars. "There are no problems that could interfere with gas supplies and transit, no",

Gazprom wants to increase the supply of transit through Ukraine

The Russian monopoly, Gazprom, Ukraine sent a request to increase the Daily gas transit to Europe for 55-67 million cubic meters, according to The Mirror of the Week ". Earlier, Prime Minister of Ukraine has already offered Russia to start pumping in addition to Europe from 15 to 30 billion cubic meters of gas annually. "If the need arises, the Ukrainian gas transport system implements the first contract to supply gas to Europe», -

Lukashenko has put forward an ultimatum to the Kremlin

Russia-Belarus gas dispute on Wednesday approached the climax: Belarus announced the settlement of debts for Russian gas, Gazprom, for its part, at the time of the material did not confirm the arrival of money into your account. In addition, the Minsk Moscow announced an ultimatum: the duty of the transit should be repaid to 11.00 MSK on Thursday, otherwise the pipe will be blocked. Wednesday morning restrictions on gas supplies to Belarus for the debts, payment of which it announced in the evening, have been doubled - up to 60% of the plan. In this case, the European consumers, except for Lithuania and the Kaliningrad region, the supply cut has not yet touched. DEBT IS FOUND AND PAID? On Wednesday morning, Gazprom announced that brought the restriction of gas supplies to Belarus to 60% of planned volumes, reducing supply by 30%. Screwed valve Russian holding company started back on Monday - the first deliveries decreased by 15% on Tuesday - an additional 15%. Minsk confirmed the new restriction of supply. The Belarusian side claims that even in the case of a complete shutdown of gas the country can live for several days due to the accumulated volume of fuel in the GTS. Currently, each company put saving mode, there is a schedule change them if needed for fuel oil. An important outcome of the environment has become a de facto recognition Belarus contract pricing formula. According to Gazprom, the payment for the consumed natural gas in May, which the Belarusian side is announced the day before, was $ 260 million, which corresponds to the contract.

Gazprom is tightening the valve

The Russian gas holding Gazprom has brought loss of gas supplies of Belarus for the debts of up to 60% of planned volumes, reducing supply by 30%, gas transit through the territory of the republic to European consumers is carried out in full, said on Wednesday the head of holding company, Alexei Miller . Gazprom is due to debts of the Belarusian side on Monday began to impose restrictions on gas supplies to Belarus. On Tuesday, the president of the republic, Alexander Lukashenko, has announced that he had instructed to stop the gas transit from Russia to Europe. "C 10.00 introduces the restriction of supply by 60%",

Belarusian dad "surrendered»

Belarus has ratified all the treaties and agreements concerning the Customs Union, said President of Belarus Alexander Lukashenko at the Victory Square in Minsk, where he arrived on the Independence Day celebration. The Customs Union includes Russia, Belarus and Kazakhstan. Formally, he began operating on 1 January this year. However, de facto, to talk about full-fledged union and a single customs territory of the three countries is only possible after the entry into force of the Common Customs Code. Russia and Kazakhstan have ratified the Code, an official confirmation of the Belarusian parliament ratified the document still was not there. "We have so far ratified all the treaties and agreements concerning the Customs Union. I must say that we have one iota, nor half a meter, an inch is not far behind in the Customs Union or from Russia or from Kazakhstan,"

How to buy Yandex for 1 euro. Master class from the Savings Bank

Savings Yandex acquired for one euro ... No, no, the leading search engines are not as bad business to give himself in possession of such small money, the company, which tied the entire Russian Internet business simply can not go wrong. Purely fictitious transaction, the Savings Bank has acquired just one, but the priority action to allow a veto on the concentration of more than 25% of Yandex in one hand. According to one member of the board of directors of a search engine, Helena Ivashentseva, the decision to transfer to Sberbank major shareholder combat unit was prompted by the need Yandex additional protection from unwanted attempts to buy the company. That's why IT `Schnick chose Savings - the company state, public and not having a direct interest in the media business. In addition Yandex attracted professional management bankers. Powers of Sberbank also fictitious, as the deal itself - it can not sell share without the consent of the Board of Directors of Yandex, a vote in this council will not do, but will act as a guarantor of transparency changes in direction. Given that Yandex is preparing for an IPO, such measures are extremely important for the company. But there is another point of view, several independent experts were not so much with the statements, but with hints that the roots of the transfer of shares of Sberbank is go to the recent request of the President, to control business on the Internet. Dmitry Medvedev expressed concern at the effect that an increasing number of foreign investors coming in RuNet and Runet - this is an open information space, that is to say foreign companies represent a threat to information security.

Old age - no joy. Even for LJ

Brad Fitzpatrick, the chief man Learn fears for the prospects of their offspring and not so afraid of checking the FSB personal information. Symbolic identity of the Internet Brad Fitzpatrick, creator of the largest blogging service in the world - Livejournal recently shared his thoughts on the future of the press. It turned out that these ideas are not the most optimistic - Fitzpatrick worries all the growing popularity of social networking will grow which, naturally, to the detriment of LJ. He even complained that he now spends at Livejournal significantly less time than it was before, because all his friends are absolutely not in a comradely way over to the hated FaceBook and other "classmates". Cause of stroke in the back by friends and many LJ users Fitzpatrick explained quite witty: "... in the U.S., I watched as five social networking is gaining popularity, and then loses it. People choose a particular network, because it's fashionable, and it ceases to be fashionable, when your mom starts a account there, "meaning among these five is not quite social, but all the same network Livejournal. Well, the problem facing the mother's account rather thus sotsseti than LJ, another thing that Livejournal is limited in the services - we believe that he lost user for this very reason. Fitzpatrick with us in solidarity, and believes that blogs will be forced to integrate with social networks. Meanwhile, the networks are also becoming popular and miss, but because it makes sense to form alliances among themselves, allowing the user to transfer contacts and content of their profiles.

Leading companies in the Russian market of electronic payments announce the creation of the Association of Electronic Money »

Today, representatives of major companies operating in the Russian market of electronic money, and professional associations at the roundtable "Electronic money: in search of control," announced the creation of the Association, "Electronic Money" (AED). Joined the association of i-Free, WebMoney, Yandex payment service QIWI (KIWI), a national industrial association NAMMS and NAUET. Chairman of the Board of the Association of Electronic Money elected Victor L. Hon. To date, approximately every 15 inhabitants of the Russian Federation, open and use an electronic purse in one of the electronic money systems, implemented as the Internet and mobile payments. "Electronic money, in partnership with major banks, money transfer systems, terminal networks have become quite popular and an essential element of the Russian payment infrastructure - says Victor Dostov, Chairman of the AED. - That is why it was decided to establish an association of market participants of electronic money - the Association of the E money ". odnya announced the establishment of the Association of" electronic money "Portal Bank.ru

Media will become a separate branch of the economy

Minister of Communications (Communications Ministry) Shchegolev instructed the department of state policy in the media with the wishes of the Russian Federation Ministry of Economic Development (Economic Development) to accelerate the process of working on the General Classification of Economic Activities (NACE), which will highlight the media as a separate branch in the economy. This problem was drawn today at the board meeting of the Ministry of Communications. This meeting is just focused on the theme "Positioning the media as a separate branch of the economy and the question of the capacity of research organizations." "Law on Mass Media consolidated activity in the media Russian law one of the first, and during its existence it has not experienced any fundamental changes. However, as a single economic sector media is lacking, and the active development of this business, unfortunately, are not adequately reflected in the current regulatory framework "- said Schegolev. According to him, according to the National Classification of Economic Activities - NACE - publishing, refers to" wood production, television and radio - to the "Transport and communications" and "Community, social and personal services , and Internet companies - see "Real estate, renting and business activities." Theme positioning industry media as one has systematically discussed back in 2009. According to the director of the department of state policy in the Ministry of Communications Media Russia Ekaterina Larina, all signs of a single industry there - from production to its distribution. "" In recent years, our media in general and each individual sector is showing good momentum of development and stability that allowed the crisis and a number of companies to show growth ...

"Yandex" technical support "start-ups»

Russia's largest Internet company Yandex launches a program to work with start-tech companies. Moreover, some of them are "search engine" ready to buy. RIA News spokeswoman said, "Yandex" Ochir Mandzhikov. Select the "startups" are a start-up community. "Yandex" has agreed to cooperate with the business incubator of the Higher School of Economics StartupPoint, Business Incubator of the Academy of National Economy GreenfieldProject. After the selection of projects for the authors of the most interesting of them Yandex will hold a series of open days "Yandeks.Start. The company is ready to "start-ups" as a consulting and technical support. In particular, Yandex can provide API (Application Programming Interface) of its services, API, and a graph of connections of social networking. "We first start the system work with" startups "and are ready to offer various forms of cooperation: from consulting support and technology, such as through expanded opportunities API, prior to purchase of the" startup "- said Mandzhikov. A company representative said that" Yandex " interested in projects in areas such as new business models in the Internet, new services, popular with a wide audience; multimedia technologies (face recognition, bar codes, objects on the maps, 3D-modeling of objects for maps, analysis and synthesis of speech, etc. .) In addition, the list includes advanced projects related to the definition of a user's location (for navigation, social activity, determining the traffic situation).

Debts choking "Technosila»

The ninth arbitration appeal court on Tuesday will consider an appeal LLC "Great B" for the arrest of the real estate sales network Technosila "in Moscow and most brand Technosila". The company appealed the determination of the Arbitration Court of Moscow region on April 29, 2010 to impose interim measures at the suit of Nomos-bank to businesses of the companies SV, which owns a network of electronics stores and household goods Technosila ", to collect 60.452 million dollars. As an interim measure the court forbade the Federal Registration Service for Moscow to make the registration of the alienation or encumbrance of seven buildings in Moscow owned by OOO "Great B '(holder of real estate network in the Moscow region). In addition, the court banned Rospatent record contracts to dispose Ltd Group of Companies, SV exclusive trademark rights Technosila ", said the court ruling. Nomos-Bank in April 2010 sued the LLC Technosila, LLC Great-B, LLC Quercus Kraft LLC, INVEST-TC, LLC Agrocenter-East, Inc. "Eagle-INVEST" Ltd. TC-D Eagle, "OOO" Group of Companies NE LLC, Parnas-Invest. Bank asks to collect 60.452 million of debt under the loan agreement dated 11 August 2009. Kommersant newspaper in early April 2010 reported that the owners of the network Technosila "will" soon "structures affiliated with MDM Bank. According to the edition, the bank will receive the assets in debt, which at the beginning of 2010 could reach 300-350 million dollars.

Antireklamnaya campaign

Last August, an accountant advertising company in Murmansk "Propaganda Bell, working through the" Internet bank-client ", just a day after the operation revealed an unauthorized debit. After that she went to the "DnB NOR Monchebank who owned this system. According to the company, lost 615,000 rubles. Money was withdrawn from the account in the Moscow ATM. Advertising company decided to teach in her view, a negligent bank. Banners of 3 to 6 meters appeared in the Friday night in various parts of Murmansk. The Bank responded almost immediately called an emergency press conference. "Unfortunately, this cowardly trick shows that a competitive culture in our city remains at a low level," - said in a press release from the bank. "DnB NOR Monchebank - a bank with 100% of the Norwegian capital. Chairman of the Board of this credit institution Valentine Dvoynishnikova at a press conference called an unusual event "trick, which is aimed at creating panic." The Bank is convinced that all blame for hackers and basic disregard for safety regulations of the company. According to the head of the bank's security Herman Dedyukhina. Lawyer "Propaganda Bell Dmitri Yefimov told RIA Novosti that his client - a matter of principle. "It's not about money but that the bank failed to maintain client funds", - he said. Yefimov said that the bank did not show care when you make a payment order. "We are confident that there was a burglary of the bank" - the lawyer said.

The volume of wage arrears has decreased by 3,7%

Wage arrears in Russia in the past month decreased by 3.7% - up to 4 billion rubles. This is evidenced by Rosstat. Note that these statistical agencies do not account for small businesses. Thus, formally the company paid 152 million rubles. According to the report of Rosstat, arrears of wages due to the lack of organization's own funds on April 1 amounted to 3.828 billion rubles. This is 96,5% of the total outstanding debt. Compared to March 1, it decreased by 7 million rubles (0.2%). Arrears due to late receipt of funds from the budgets of all levels amounted to only 138 million rubles, and decreased compared to March 1 at 145 million rubles (2.1 times). Most debt has been paid to enterprises that operate in the health field.

Who and how many have earned on the World Cup?

Few hours left before summing up the FIFA World Cup. Football fans from all over the world are waiting justify the forecasts octopus Paul, who made a bet on the team in Spain. If today's victory would win the Spaniards, the sponsors of each member of the team are guaranteed 550 thousand euros. As predicted bank.ru, financial markets during the football championship significantly rolled back down: the index of American «Dow Jones» fell from 10,450 to 9,686 points, while Russia's MICEX 1406 to 1254 points. The prize fund of World Cup 2010 was $ 420 million. Remuneration received by all participants of games. The team finished with 32 to 17 a place to get $ 8 million, from 16 to 9 - $ 9 million, from 8 to 5 - $ 14 million, for the 4 th place - $ 18 million for 3 - $ 20 million, for 2 - 24 $ million, and the winner will receive $ 30 million. Besides the participants, the games will earn millions of dollars in souvenir sellers (the cost of producing one vuvuzely in China 40 cents, and in the stores of South Africa - 8 dollars), the owners of hotels, restaurants and cafes, ticket scalpers and numerous tour companies, was taken to Africa several hundred thousand fans. Income bookmakers experts estimate tens of billions of dollars.

Social networks replacing banks

Experts say a new trend in the financial market: today's young entrepreneurs looking for investors in sotsseti than go to the bank. For example, many projects have been implemented by such sites as ProFounder.com, Peerbackers.com, Kickstarter.com and IndieGoGo.com, transmit Vedomosti. Resource of this nature allows each entrepreneur to create a profile, it needs to specify the amount, explaining how the funds will be spent, as well as set the end date of collection. Further, in the case included investors. If they are interested in the project, they can invest money in it. As a general rule, employers can collect about $ 10 thousand, while by the investors is invited to a rather symbolic rewards such as coupons or free samples. This also applies to owners of these sites, which take a relatively small percentage of the funds collected for the entrepreneur. True, the rules may change, and faster to collect the money, the entrepreneurs can offer investors a more "expensive" fees. As noted by Vice President for Business Ewing Marion Kauffman Foundation Bo Fishbek, much more novice business people like to collect small sums of money from ordinary people than the "forced to fork out the rich." One representative of a new wave of entrepreneurs have taken advantage Chang in September this year the site ProFounder, the source said. He invited the network of 75 family members, friends and acquaintances, asking them to invest his project. As a result, Chang managed to raise $ 54 thousand Now all 19 people who invest in the project will receive over four years of 2% of revenues the shop.

Prokhorov completely took control of the holding company of RBC

ONEXIM Mikhail Prokhorov has closed a deal to purchase 51.1% of CJSC RBC-TV, Moscow, parent company of RBC holding for 80 million dollars. On this day the newspaper Kommersant deal has already been approved by the Federal Antimonopoly Service, told RBC CEO German Kaplun. The holding company includes RBC newspaper "RBC Daily", RBC TV, the news agency RosBusinessConsulting, the Internet company "media world" and other major shareholders of RBC Information Systems ", the former parent company, are founders of the media holding German Kaplun, Dmitri Belik and Alexander Morgulchik (collectively - 19,85%), UniCredit Bank Austria (16,64%), "Polyus Gold" Mikhail Prokhorov and Suleiman Kerimov (about 11,5%). Capitalizing on June 4 - nearly $ 175 million. The purchase media holding Onexim announced last summer, almost a year left to negotiate with creditors. Investment Director ONEKSIM Vladimir Pakhomov told Kommersant that debt restructuring RBC 220-225 million (depending on the course) have agreed to the creditor banks and more than 97% of the holders of all bonds, namely, it was the main condition from Prokhorov. Pakhomov told Kommersant, RBC will not be integrated into the group JV, bringing together media assets Prokhorov (magazines "snob", "Russian Pioneer and others). "The organizational structure of RBC is very low, the quality of all products - low, and mix of content and advertising enormously complicates the management and creates difficulties in financial accounting.

For discounted auto loans - to any bank

Now, soft loans will be available at any bank. To this end, the credit institution must submit an application to the Ministry of Industry and Commerce from November 1 until December 1. Recall that the program provides for interest on car loans in the amount two-thirds of the refinancing rate (right now - 9.5%) when buying a car made in Russia no more than 600,000 rubles. Earlier in the program could only participate State Bank (with a share of state not less than 50% or "daughter"), as well as banks, whose capital on April 1, 2009 amounted to not less than 70 billion rubles. The program involves Sberbank, VTB 24 "Gazprombank" and "Agricultural". It is not clear whether the program is renewed next year. According to current regulations, banks will give preferential car loans before the end of 2009 In fact, now it turns out that new players will be able to lend only in December. The budgets of 2009-2010, provided 2 billion rubles on government subsidies to banks, outstanding loans under this program. Recall that the program get car factory, AvtoVAZ, as well as cars Chevrolet Niva, UAZ Hunter and foreign cars assembled in Russia Fiat Albea, Kia Spectra, Skoda Fabia, Renault Logan, Ford Focus and Volkswagen Jetta. The average rate on ruble car loan is 23-25% per annum. The government's decision is due to several reasons. First of all, it is worth noting the claim of the Federal Antimonopoly Service (FAS). Office have repeatedly drawn attention to the fact that restrictions on capital and the state's participation in the bank counter to antitrust laws.

Savings buys debts Polonsky

The biggest bank in Russia, Sberbank, intends to enter into an agreement with Alfa-bank for redemption of debts developer company Mirax Group. On this day the newspaper Vedomosti. If these financial institutions will find a common language and sign an agreement, Alfa-Bank will finance the completion of construction of the Federation Tower in downtown Moscow City, "the newspaper said a source close to the developer. In general, the development company has approximately $ 550 million, approximately $ 250 million of this amount accounted for Alfa Bank, said the publication. For completion of the "Federation" should be about $ 250 million, said in March, first deputy chairman of Mirax Group, Alexander Lagutin. True experts of the Savings Bank believes that the construction works will need to spend $ 380 million, according to one of the financiers. "Investments of $ 80 million dollars would be enough to start building, then a developer will begin selling area, and volume to attract additional funding will be much lower," - suggests another banker, who took part in the consultations on the "Federation". But Sberbank is ready to participate in a transaction only in the case of minimizing the possible risks, explained a source close to the bank. In 2010, the Mirax Group to pay 297 million dollars, including $ 49 million - the banks, 233 million dollars - on bonds, Vedomosti. Alfa-Bank was founded in 1990. Among the ten largest in Russia. Mirax Group was founded in 1994.

Lisin recognized as the richest Russian

The most wealthy man in 2010 has once again been recognized by Vladimir Lisin. "Finance" praised the state chairman of NLMK in $ 28.3 billion, which is almost 2 times more than a year earlier. Second place has retained the president of the group Onexim Mikhail Prokhorov. Its financial position was $ 22.7 billion of the main plot was the third place ranking. In 2009, he held the businessman Roman Abramovich, but in 2010 he dropped out of the three leaders, falling directly on the 2 position. State of the owner of Chelsea experts have estimated at $ 17.1 billion, while the state of the founder of Metalloinvest Alisher Usmanov - the $ 19.9 billion, CEO and owner of Basic Element of Oleg Deripaska - $ 19 billion in the rest of significant changes in Top-10 did not happen. Alexei Mordashov, owner of Severstal, with a fortune of $ 17.05 billion rose to sixth place. Followed by Suleiman Kerimov ($ 16.9 billion) and Chairman of the Supervisory Board of Alfa Group's Mikhail Fridman ($ 16 billion). Also in the list of leaders got the president of Interros, Vladimir Potanin ($ 14.3 billion). Closes the top ten billionaires LUKoil president Alekperov. His fortune was estimated at $ 10.9 billion

The Labour Code in Prokhorov

A famous businessman commented on the initiative of the RSPP amending the Labour Code, as well as a proposal to increase the workweek to 60 hours. This scandalous amendment is not worth a damn, made an entry in his blog owner. According to him, the Combine have long been able to work 60 hours per week, and no adjustment to the current legislation RSPP essentially not made. We do offer rudimentary technical correction - at the request of the employee and without execution of useless paper work at half rate on their main job. And our proposal is aimed primarily at an audience part-time, -

Patient banker accused of fraud

In the case of officials were involved in Leningrad region. Investigation Committee of St. Petersburg prosecutor's office intends to bring in as a defendant in a criminal case of ex-president of the East-European Finance Corporation (EEFC) Alexander Gitelson, reports Kommersant. According to the investigation, a banker in 2007, received from unknown persons SWIFT-messages (international banking system of information transfer to make payments) to translate into personal accounts Gitelson 5 billion rubles. from the Serbian bank in Banja Luka. " Then he asked the accountant "Inkasbank" transfer the funds to his account in the institution. After that, the suspect withdrew from EEFC 2.5 billion rubles. Next take the money were to be repaid by a transfer from the Banja Luka. " It is believed the police, to make up the shortfall Alexander Gitelson persuaded the chairman of the Board of Inkasbank "Tatyana Lebedeva set to send on EEFC funds Leningrad region. "Inkasbank", included in EEFC, was the winner of the competition for placement of 1.8 billion rubles. budget of the Leningrad Region. A few months after the transfer of this sum from the bank had its license revoked and he was unable to return the money in time. Scandal, which resulted in the resignation of the regional government: their posts were deprived of the Vice-Governor Alexander Yakovlev, with his deputy Vitaly Rudinovym. Criminal proceedings were instituted under Article 159 of the Criminal Code - a fraud.

Bank VTB increased rating

Now he's not all as bad as it was before. The rating agency «Moody's» elevated the status of VTB and its wholly owned subsidiary of VTB North-West "," VTB 24 "from" negative "to" stable ". No matter the status of the appraiser noted almost 1,5 years. This was associated with adverse market conditions and the expectation of a large volume of bad loans. The company's analysts predicted 16% of the loan portfolio, which was to be decommissioned. That has not happened - in the first quarter it amounted to 10,2%. Loss of 96% is covered reserve accumulation. Also a positive development «Moody's» recognized deposit growth - last year their number increased by 43% and good liquidity of the securities constituting 22% of the assets of VTB.

Russia will have to pay the killer $ 100 billion

Court of Arbitration in The Hague (Permanent Court of Arbitration), introduced on Monday a resolution that would allow the former owners of oil company Yukos, the Russian government to demand compensation for damage to the company as a result of its acquisition of up to $ 100 billion, writes the British newspaper Financial Times. Claim in an arbitration court in The Hague gave the company Group Menatep Limited (GML, formerly MENATEP ") represented by its chairman, Tim Osborne. The Russian government would bankrupt Yukos had violated a major international energy pact - the Energy Charter Treaty. Recall that Russia has signed but not ratified it. But, according to Osborne, Russia still has to follow its provisions. GML sued for breach of Article 45 of the Energy Charter, which protects investors from the unlawful state action, such as the confiscation of assets. "The Court without objection, that Russia is bound by the Agreement and that we are, thus, falls under his protection ... Now we have to prove that Russia seized our assets without compensation," - said Osborne. In turn, the press service noted that the court requires "careful consideration". Since it is not clear "how the agreement could be applied to Russia if he did not enter into force." Recall that a proportion of GML in the Yukos was 51%. Naturally, after Khodorkovsky's companies went bankrupt, shares GML depreciated. The main asset of YUKOS was not able to satisfy the tax claims.

VTB sold the debt, has earned himself came under selling

With one of the state-owned banks originate metamorphosis. In late July, became aware of the intention of one of the subsidiaries of VTB "-" VTB 24 "to realize the competition for more than 4 billion rubles. debts incurred in consequence of delays over 360 days of the loan. The tender for the purchase of borrowers was attended by 10 collection agencies. The winner was the company Rusdolg. The transaction amount is about 4 billion rubles. Thus, VTB 24 successfully sold about 1% of its retail loan portfolio, which is weighty enough for the country's financial market - the whole last year, collectors have bought from banks loans to 75 billion rubles. VTB in the first half of 2010 earned 25.1 billion rubles., Whereas for the same period last year, its loss amounted to 31.5 billion rubles. (But only in 2009, it lost 56 billion rubles).. Total management of the bank plans to get the current year's 50 billion rubles. net profit. Its net income for the establishment of reserves grew by 23%, reaching 86.4 billion rubles. Financial directors of the credit institution Herbert Moos said, "Vedomosti" that "VTB" demonstrates a record profit in company history. While VTBshnye bankers make their money, their main shareholder - the state, which owns 85,5% of the company, planned to sell some assets. At present, formed by the privatization plan of state property for the years 2011-13. According to preliminary information, the Russian government may sell 10% of VTB in 2011 and 15% in 2012 and 2013.

China's seat

Chinese Ministry of Commerce conducted an investigation in relation to Russia and the United States for dumping. According to officials from China and the U.S. domestic supply of electrical transformer steel cause significant harm to local producers, which is a consequence of dumping. More specifically, the margin of dumping of Russian exports ranging from 4.6 to 25%, U.S. same from 10.7 to 25%. In this regard, the Chinese have decided to collect from our suppliers and vendors from the U.S. special deposit, which will depend on the price difference of each particular supplier in the domestic and external markets, as China's Trade Ministry has already notified Moscow and Washington. The Ministry clarified that the rule corresponds to the laws of the Middle Kingdom and WTO rules. We recall that not long before this event, Russia has set protective duties for Chinese suppliers of pipes and cutlery - perhaps of the PRC is a response.

Lukoil will own piece of Iraq

A consortium of Russian oil company Lukoil (85%) and Norway's Statoil (15%) won the right to develop Iraq's West Qurna 2. Its recoverable reserves are estimated at 12.9 billion barrels. The consortium will give 25% of the Iraqi state oil company. Accordingly, the share of Russian oil to fall to 63.75%. The consortium will receive a fee of $ 1.15 for each barrel in excess of the level of 120 thousand barrels. per day, planned volume - 1.8 million barrels. "All these years we have continued to fight for the Iraq project, fulfilling the promise made to our shareholders. Today we have a well-deserved victory and we intend, together with its Norwegian partners to fulfill all our commitments on development of deposits of West Qurna-2" for the Iraqi people and our shareholders. This project is strategically important for our company, "- said the president of LUKoil Alekperov. LUKoil will not include stocks of West Qurna-2 in its base stock and will not receive additional income in the event of higher oil prices, however, the Russian company is naturally protected from falling commodity prices. From a fundamental point of view of the news is moderately positive, because it only marginally increases the cash flows and hence shareholder value, "- commented Bank.ru Ph.D. Alexander Razuvaev, Head of Research IR Gallion Capital. Another Russian company, which participated in the tender, Gazprom Neft, has become the largest member of the consortium to develop the field of Badr with oil reserves of the order of 2 billion barrels.

Fools are lucky

Income from the federal budget of Russia on energy exports to date have exceeded the planned figure for 2009 is 31% and amounted to 1.8 trillion rubles. , Told Deputy Prime Minister Igor Sechin at a meeting with Russian President Dmitry Medvedev on energy issues. "As at 14 December this year, the federal budget on exports of various energy actually received 1.8 trillion rubles. It is 131% of the jobs issued by the federal law on the budget," - said Sechin, summing up the year. Federal revenues from crude oil exports amounted to 1.1 trillion rubles (49% above plan) of gas - 0.378 trillion rubles (9% below plan) of refined petroleum products - 0.349 trillion rubles (42% above plan) said Deputy Prime Minister. Responding to a question by President Dmitry Medvedev, as managed to reach this benchmark, Sechin said that, in particular, revenues from oil exports were higher than plan due to commissioning of new fields, including Vankor, Talakansky and VC. These three strategic fields in Eastern Siberia on the list of 13 fields for which the government in July repealed the duty on oil exports. High revenues from exports of other energy sources, according to Sechin, obtained thanks to the fact that the company is not shifting investments and make decisions in anticipation of investment. " "This allowed to overcome the crisis with minimal impact," - said Deputy Prime Minister. According to him, gas exports from Russia in 2009 will amount to 170 billion cubic meters - about 90% from 2008.

In March Vneshekonombak first became leader of the trading volume of U.S. currency on the MICEX

In March of this year Vnesheconombank first became a leader in terms of dollar trading on the MICEX. This is evidenced by the data exchange. According to statistics, leaders in the list of banks - leading operators in the Russian currency market on the basis of bidding the dollar on a single trading session, the MICEX in March were also "VTB 24" and Metallinvestbank occupied in the previous list, ninth and second place. Leaders of euro trades are Gazprombank, Metallinvestbank and Royal Bank of Scotland, formerly the first, second and sixth places respectively. The position of the bank on the list established in accordance with the stake of the bank transactions in the aggregate net turnover of trades at the UTS for the last month. Portal Bank.ru Materials Rihanna.

Housing Fund has placed on deposit at the Savings Bank and PSB 5 billion rubles

April 23, 2009 Reform Fund Housing Fund (HCS) in a section of interbank credit market in St. Petersburg Currency Exchange (SPCE) posted 5 billion rubles temporarily free funds in bank deposits in the Savings Bank of Russia and OAO "PSB" . This is stated in the press-service fund on the basis of deposit auction. The rate cut, established by the Fund amounted to 9,6% per annum, the weighted average rate of approved applications was 9.64% per annum. Under the terms of deposit auction on placing of temporarily surplus funds of the Fund for a period of 6 days the maximum amount of accommodation was 5 billion. In the auction was attended by 14 banks: PSB, Sberbank of Russia, Bank VTB 24 ", Gazprombank, OTP Bank, Raiffeisen Bank, Alfa Bank, Nomos-Bank, MDM Bank, URSA Bank, VTB Bank North-West, TransCreditBank, Bank Petrocommerce, AKB Evrofinance Mosnarbank. During the auction were filed applications worth 40.973 billion rubles. The minimum bid specified in the application of the authorized banks, amounted to 5.5% per annum, maximum - 9.71% per annum. Portal Bank.ru Materials Rihanna.

Big Twenty fond antibonusnym populism

"The Big Twenty" (G20) Treaty on the Limitation of bonuses bankers. About this sends a Belgian TV channel RTL. Recall that in the U.S., Pittsburgh is the summit of leading nations of the world. The main issue discussed at the meeting: future world economy, the struggle with the crisis and its consequences. In it, in particular, involved the presidents of France, Russia and the United States' Heads 20 major industrialized countries and countries with growing economies during a summit in Pittsburgh have reached agreement on the principle of limitation of premium paid in the financial sector, as evidenced by a draft final communique "- television reported. According to RTL, the Heads of State and Government of the G20 should come on Friday with the recommendation of "interest to restrict bonuses commensurate with Net banking income, when they pose a threat to a healthy level of capitalization." Summit began on Thursday. Plan to fight bonuses at the summit will be presented by French President Nicolas Sarkozy, who is fixated on this topic. Judging by the statements in the press, he would support Obama. This is not surprising that Americans still remember last year's history with the corporation Citigroup, which has received from the state 45 billion dollars and assessed their employees bonuses of $ 5.33 billion. Bankers who have brought the corporation to handle public money received from his allowance of $ 1 million per person. Already this year, the U.S.

Rain prevented "VTB 24" burn application

"VTB 24", entering into VTB Group, one of the largest retail banks in Russia, investigating the situation got on landfill Statements clients containing personal data on lending Yaroslavl branch of the bank: Internal Oversight Services (CRS), banks have undergone testing, many bank branches, told RIA Novosti spokesman "VTB 24". On Tuesday, the newspaper Vedomosti, citing deputy head of information security and protection of the Bank of Russia Andrei Kuril reported that loan applications with personal data and information on income were available on the city dump. Documents for some reason have not been destroyed, but turned out to be a landfill, where fall into the hands of the homeless. "It was the only case in our bank. They were bound to lead to the dump and burn there. But the rain fell, and the staff just threw them and drove away," - he said. Local media have discovered "an interesting finding," in their hands were 8 applications customers, which were later transferred to the bank. "Building Superintendent and Commandant of the office were laid off," - said the employee "VTB 24". As will be described as a "VTB 24" bank officers have instructions to each loan product, which specifies how to act with documents obtained from the client containing information of a personal nature. "According to the instructions they need to be destroyed, but the destruction method is not specified," - said the bank. "Documents should be burnt, and in the presence of the commission", - the "VTB 24".

FIU will translate into NPF 9.8 billion rubles

Private pension funds (NPF) will soon receive from the Pension Fund of Russia (PFR), the accumulation of the citizens in 2007, which because of the unfavorable situation in the financial market has developed a deficit. , Told RIA Novosti the head of the Russian Pension Fund (RPF), Anton Drozdov. Recall that the loss resulted from the fall in the value of securities in which pension funds are invested prior to their transfer to the trust management companies and private pension funds. "The project of a government to transfer 9.7 billion rubles have already been prepared and agreed upon by all. He is held in the Ministry of Justice and expertise from day to day needs to be sent to the government," - "Drozdov said. He recalled that, initially, in March, for this purpose in the federal budget reserved to 20 billion rubles, but the market situation has changed since then and managed to save some money. "According to our expectations, within 7-10 days the government will decide, and we will be able to pay the money (9.7 billion rubles) funds. All the necessary documents, internal documents prepared by us," - "Drozdov said. Currently in Russia there are 235 NPF, licensees, mandatory pension insurance part 117, and they actually placed the money funded part of pensions by which these funds have chosen. Under current procedure, the insurance payments received by the FIU from employers, more are in the fund, which invests in government securities, including bonds issued by the Ministry of Finance (OFZ).

Federal Financial Markets Service issued a decision to restrict the activities of a number of NPF

The Federal Financial Markets Service (FFMS) issued a decision to restrict the activities of a number of NPF. This is stated in the press-service agency. Thus, the Federal Financial Markets Service to revoke the license for the activities of pension provision and pension insurance for private pension fund savings Profitable. " This decision was made on the basis of statements of society, as well as documents proving the absence of the fund outstanding commitments in the framework of professional activities. In the Far East Firm "Golden Autumn" Federal Financial Markets Service has appointed a temporary administration. Under current law, if there are signs of lack of sole executive body, introduced a temporary administration, which will monitor and control what is happening in the fund. May 14 such a measure was first used to NPF "united capital". The license has been revoked from the fund on April 2. On Wednesday, June 10, the Federal Service decided to terminate the interim administration. Portal Bank.ru Materials Rihanna.

The Russian government refused to provide tax incentives NPF

The Russian government refused to provide tax incentives NPF (private pension funds). Negative opinion on the amendments to the Tax Code was signed by Prime Minister Vladimir Putin, wrote on Tuesday's Kommersant newspaper. At the disposal of the newspaper is the conclusion of the Government on the bill, proposing to amend the current taxation of profit from the placement of pension reserves NPF. Now income tax (20%) is subject to income derived from investment of pension reserves and excess refinancing (now - 11,5%). According to the 75-FZ "On Private Pension Funds", this income is sent to replenish the pension reserve and the formation of property destined for the charter of the fund. The amendments proposed to tax only the portion of income allocated to the financing authorized activity of APF. Negative opinion of the Government on the bill is based on the findings presented in the Government Ministry of Finance, Economic Development and the Ministry of Justice (is in the possession of publication). Ministry of Economic Development believes that the adoption of amendments to the Pension Fund contributions will be unjustified preference over other financial investments. "Savings on contracts of private pension schemes will have exceptional fiscal conditions compared with other mechanisms of long-term investment" - the newspaper quoted the resolution of the ministry. Justice noted that "realization of the bill would lead to the loss of budget revenues, but sources said compensation decreased income is not defined".

Future pension invested in the bankrupt

Khanty-Manskiysky pension fund has invested several billion rubles in his "daughter" and lost. , Told "Kommersant" foundation president Alex Okhlopkov. According to him, a subsidiary of Foundation Yugrainveststroyproekt "had invested about 8 billion rubles. reserve funds. The firm performs development of residential and commercial real estate. At first, this fund could make good money: from 2004 to 2008 of its accumulation increased by 182%. Over the past two years has been reduced reserves by 2,4%, while the average growth of other similar investors amounted to about 20%. The crisis has knocked down the property market and Yugrainveststroyproekt "began to experience financial difficulties. He failed to return the money to a local bank 873 170 000 rub. He sued and the money in the accounts of the company were arrested. Currently, the activities of "Yugrainveststroyproekt" suspended. According to the audit, the Khanty-Mansiysk pension fund before the end of this year, could lose another 800 million rubles. on the securities. This company has invested in a company "Ugra-Farm", which is on the verge of bankruptcy. In this case, on July 1, own pension fund constituted 857.2 million USD. Their dissatisfaction with the adverse situation expressed the governor of the Khanty-Mansi Autonomous Okrug Natalia Komarova, stressing that this pension fund returns in times less than competitors from Lukoil-guarantor ". She called to understand "the depth of the accumulated problems" and update the program development fund.

Changes to the Law on Pensions "

Senators on Wednesday at a meeting made changes to the law "On Pensions", which introduced a mechanism to automatically recalculate the insurance side of a retirement pension. In introducing the document, the chairman of the social committee of the House Valentina Petrenko said that now recalculate the amount set aside in the pension increase is based on the written application of the pensioner. For example, a person who has worked at least 12 months from the date of appointment of the insurance part of labor pension, according to his statement made it recalculated. Now we introduce a mechanism to automatically recalculate the insurance part of the retirement pension as from 1 August each year based on the information on the amount of premiums received by the RF Pension Fund, which were not taken into account for calculating the insurance part of pension. Consequently, now there is no need to contact the authorities of the Pension Fund with a statement of recalculation. Portal Bank.ru Materials Rihanna.

Watch the exchange, the evening - in the markets has been a steady growth

Trading on Russian exchanges today completed a substantial growth of quotations of the most liquid securities. MICEX index rose by 4.23% and the RTS index gained weight 3.77%. The data in the U.S., which were published at 16:30 proved to be somewhat better than expected. U.S. consumer prices in November rose by 0.4%, as expected, but the number of new buildings in November has increased by 8,9%. Experts expected rate increase by 8,5%. Also released at 18:30 the data on stocks of petroleum and petroleum products in the U.S. contributed to a substantial increase in oil quotations. Once again the greatest demand shares of blue chips. MICEX 10 index gained 5.05% in weight. Leading positions were taken preference shares of the Savings Bank (8.86%), Gazprom (5.13%), Rosneft (6.35%) and VTB (5.16%). Among the metals sector shares the greatest demand NLMK shares, which rose 10.92%. In the telecommunications sector, positive differences Sibirtelecom shares, which rose by 20,9%. Today, the MICEX Index finished the day above 1,380 points. Given the positive results of indicators on the daily chart, we can speak about a continuing growth. The immediate goal of the MICEX acts 1500 points mark. For an overview prepared by the analyst Bank.ru Aton Natalia Vygodina

Investors and speculators: major events and comments to them today

Bank VTB and Bank Saint Petersburg "will publish statements for the 9 months of 2009 under IFRS. Statements of both organizations are likely to re-record the characteristic of the entire banking sector reduced net profit under the influence of the growth of payments to reserves. The percentage of these fees may be higher in VTB as the status of the backbone of the bank does not allow him to drastically reduce risk and minimize credit activities, which inevitably leads to a deterioration in asset quality. However, if the VTB continues to increase its operating profit, increase in reserves is not too upset investors. With regard to the Bank "Saint Petersburg", the end of November the share of non-performing assets had been substantially lower than the sector as a whole. Nevertheless, the slowdown in bank lending, along with a reduced risk may result in a weakening market position. The dynamics of quotations issuers today can affect not only leaving the data as forecasts of management's annual performance. If VTB will understand that the results of 2009 profit opportunities, it is likely to have the support of his papers. Will be a meeting of the Supervisory Board of Vnesheconombank. The Supervisory Board of Vnesheconombank will consider the transaction on the exchange of telecommunications assets between the state and AFK Sistema. Exchange owned by the "25% plus one share of telecommunications holding Svyazinvest by 23,3% of JSC Moscow City Telephone Network (" MGTS ") and debt to the" Savings Bank "in the amount of 26 billion rubles is discussed for a long time.

In 2009, received insurance premiums in Russia decreased by 7,4 percent. - Weather

In 2009, received insurance premiums will decrease by 7.4 percent. Such forecasts are expressed in his study of analysts rating agency "Expert RA". According to forecasts, Expert RA, the volume of the Russian insurance market in 2009 will amount to 520 billion rubles. The largest contribution to the fall of the insurance market will bring: insurance hull (-44 billion), property insurance of legal entities from fire and other risks (-12 billion), LCA (-7 billion) and insurance by the National Assembly and disease (6 billion rubles). The growth of premiums in 2009 is expected to insure SMR and financial risks associated with Olympic construction, as well as in those kinds of insurance where one party is the state (agricultural insurance, space insurance, liability insurance for government contracts). "By 2010, the insurance market will be only 400-450 of insurance groups and companies - said the deputy general director of rating agency" Expert RA "Paul Samiev. - According to our estimates, in 2009, will a series of bankruptcies of Russian insurers. The main risks of insurance companies 2009 will be underdeveloped insurance reserves (as a result of dumping, errors in actuarial estimates), the sharp rise OSAGO loss, impairment of assets taken to cover insurance reserves (equity instruments, deposits and cash in troubled banks, the growth delay of receivables). By According to the rating agency, is currently at risk are the company: to actively increase its insurance portfolio due to dumping.

Commercial banks are open and UZ-DAEWOO become partners

Thanks to the cooperation of the bank and automakers as part of UZ-DAEWOO Finance Russians can buy Nexia and Matiz in installments over three years. Without interest. For current program installments UZ-DAEWOO Finance has joined the commercial banks are open. On October 20, 2009 Nexia and Matiz is available in the salons of official dealers UZ-DAEWOO in installments over a longer period - three years. In addition, the geography of options, "car hire". Regions of CB OPENING except Moscow include a number of major centers covered by the dealer network UZ-DAEWOO: Novosibirsk, Penza, Samara, Saratov, Tver, Tolyatti, Tula. Especially for customers Nexia and Matiz Bank has provided interest-free installments over a period of 12 to 36 months from the six-month intervals. The first joint product of the bank and automaker developed based on the classical mechanism of payment by installments: first sends a car showroom to the client with a deferred payment, and then concedes his debt to the bank. The initial installment for the purchase Nexia and Matiz installment will be from 30% of the machine, and the remaining deferred payment - 12, 18, 24, 30 or 36 months. Monthly payment will be equal to 1 / 12, 1 / 18, etc. deferred amount. When buying Nexia in the maximum configuration of 325 thousand rubles. size of interest-free installments can be up to 227.5 thousand rubles. Insurance Risk Hull - is necessary. "In developing programs for lending, the bank always strives to accommodate the needs of borrowers," - says Igor Duda, Vice-Chairman of CB OPENING. "Today our main task - to offer customers the best product at the best price.

Changes in the program of preferential loans no effect on the market will not have

The government is ready for the year to extend the state program of preferential car loans and remove the restriction on the value of cars that get into it. About this the other day, said Economic Development Minister Elvira Nabiullina. "One of the positive aspects of this program - stimulating demand in a crisis. Those who want to buy a car on credit requested to do so on favorable terms under which the size of the down payment is real by today's standards. In this case, the settlement received a car loan is not so much pressure on the financial condition of the borrower, whose position is now not too stable. Changes that prepares the government does not have a material impact on the market. Because when removing the restrictions on the maximum value of the car purchased on credit, the maximum loan term, still, will reach 3 years old, and when buying a car worth more than 600 thousand rubles., payment of monthly installment, directed to repay the loan, will be the strength is not for everyone, "- commented Bank.ru Anna Kaminska, Head of Marketing and Sales Support KB OPENING .

The state program of preferential car loan is available in the Bank's savings and loan

The government's program of subsidizing interest rates for car buyers an opportunity to arrange auto loans on concessional terms. Borrowers will receive a discount on a loan amounting to 2 / 3 of the refinancing rate of Central Bank of Russian Federation on the date of the loan, provided that the price of the car does not exceed 600 000. State program to support domestic automakers can receive preferential loans for the purchase of national cars assembly, including brands such as Ford, Chevrolet, Renault, Skoda and others (according to the approved list of vehicles of the Ministry of Industry and Trade). According to Chairman of the Board Igor Chagaev, "the program - it really is a real state aid to its citizens, and the availability and timely."

Smooth devaluation to stimulate the economy - Costin

The ruble will strengthen in the next two years. This was stated by President - chairman Andrey Kostin in an interview with "Vesti". "I see no reason to strengthen the ruble for the coming year or two," he said. Kostin identified correctly policy of gradual weakening of the ruble, as it allows citizens and companies to understand the situation and take necessary solutions. "weakening of the ruble will lead to significant advancement of our exporters, raising the level of liquidity in the country, the liquidity necessary for the banking sector. To exit from the crisis smooth ruble devaluation, of course, a good thing. I think it will help revive economic activity, "- said Costin.

Putin urged Russians to buy domestic cars

Russian Prime Minister Vladimir Putin called on Russian citizens this year to buy new domestic cars, as now it is profitable. In 2010, it will be possible to get 50,000 rubles discount when you dispose of old machines and credit at low, state-subsidized rate, Putin said. He noted that this year the state will continue to provide substantial support for the Russian automobile industry. Only 30 billion rubles will be spent on the purchase of automotive and municipal equipment for state and municipal needs. In addition, banks as well as in 2009, will give subsidized loans for the purchase of domestic cars. The state will compensate the two-thirds of the interest rate on the loan. At the same time, the Prime Minister outlined several important directions of development of the domestic auto industry. "First of all, must be ensured the introduction of modern technical regulations that set requirements for safety of machinery and reduction of pollutant emissions. Secondly, it is necessary to seriously increase the competitiveness of the domestic automobile industry. And third, in the strategy of the automobile industry a significant place should be given to training engineers, conducting research and development "- concluded Mr. Putin.

Motorists need used cars

Loans for the purchase of used cars have increased by several times. So, according to Avtostat, for the first half of this year Russia had sold 1.9 million used cars, up 24% over last year, Kommersant daily. According to bankers, primarily due to the fact that the supply of new cars have fallen significantly, and dealers have little to offer to customers. And if borrowers and bought a car, then wait for them to have from one to six months, to which not everyone will agree. As a result, a person is much easier to buy 1-2-year-old used car. Turnover of used cars through its official dealers increased to some extent due to the fact that new cars in sufficient numbers there. The market gradually reoriented to provide credits on second-hand cars, -

Threat of devaluation of the ruble is not

Russian ruble is not threatened by the fall in the price of Russian Urals oil above $ 50 a barrel, says managing director VTB Capital, a former Central Bank chairman Sergei Dubinin. "While oil Urals, our oil is above $ 50, the threat ... devaluation is not "- he said Thursday in an interview with Ekho Moskvy radio." According to him, while the price of oil is above this level, the country's foreign exchange inflows will be greater than the outflow, hence the offer of currency in the domestic market will exceed demand, from which the value of national currencies would rise against the foreign. "If the country comes to more currency than it spends it abroad, the balance of payments is positive and ... in the domestic market the national currency strengthens ... we have positive balance of payments "- he said." It remains to wait and see the situation on the commodity market, "- he summed up his comment about the possible devaluation of the ruble. Bank.ru portal based on RIAN.

In 2008, lost their licenses to 33 Russian bank

Bank of Russia withdrew in 2008, the licenses of 33 commercial banks, said yesterday in an interview with reporters director of the department of licensing and financial rehabilitation of credit institutions the Central Bank of Russian Federation Mikhail Sukhov. According to him, last year the central bank had imposed a ban on attracting deposits by six banks. Subsequently, three of them have been revoked licenses for banking activities. In 2007 he was introduced a similar ban for seven banks. Subsequently, four of them were revoked licenses. As noted by Sukhov, last year's financial problems were experienced by 40 banks. Of them, 21 banks had been sanitized, and in 19 out of 40 were revoked licenses. Total liabilities of these 19 banks as of October 1, 2008 amounted to 55.3 billion rubles, or 0.27% of total liabilities of the banking system. Scope of the obligations of the bank amounted to 21 sanitized at the same date 744.4 billion rubles, or 3.68% of total liabilities of the Russian banking system, ITAR-TASS. The amount of deposits in 19 banks lost their licenses totaled 19 billion rubles, or 0.32% of total deposits. The amount of deposits in 21 banks, which have been sanitized, was 190.3 billion rubles, or 3.24% of total deposits. As noted by Sukhov, amount of insurance reimbursement for the 19 banks was 13,5 billion rubles.

VEB has helped victims of the crisis to 80 billion rubles

VEB financed the purchase of "Globex" real estate and shares in real estate development projects totaling 80 billion rubles. that resulted in the recovery of bank liquidity, the newspaper Kommersant. By today's standards of 80 billion rubles. paid VEB Globex for development projects, it is - "colossal sums", experts say

Expert RA increased the credit rating of the battery SLAVIA

The rating agency "Expert RA increased the credit rating of the battery," Glory "(ZAO) (Moscow) with the level of B + (A sufficient level of solvency) to B + + (Acceptable creditworthiness). The main factor that determined the rating increase, the high level of own funds and increasing the value of standard H1 with 43.58% on 01.08.2008 to 59.66% as on 01.01.2009 due to increase in the share capital and Subordinated deposit that will allow the Bank to develop stably, even under current conditions, analysts say the agency.

Rates on interbank loans increased significantly

MosPrime Rate, to provide an indicative rate of ruble credits in the Moscow money market rose for the period - 1 day - up to 23 % (2.5000) 1 month - 28.50% (0.5000) 3 months - 29.17% (0.6700). Increased rates indicates that banks do not have enough ruble liquidity, an analyst at Alfa Bank, "Olga Naidenova. Active devaluation caused many market participants to play against the national currency, respectively, the last time they were very heavily invested in foreign currency instruments. It seems that now they have become necessary to extinguish denominated obligations, denominated corporate bonds or need to spend tax payments, said O. Naidyonov. Recall that MosPrime Rate - Moscow Prime Offered Rate - the provision of indicative rates of ruble loans (deposits) on the Moscow money market. This figure is formed by the National Foreign Exchange Association on the basis of the declared 10 banks - the leading market operators interbank deposit rates terms "overnight", 1 week, 2 weeks, 1, 2, 3 and 6 months. Repayment period is counted from the date of tomorrow ("tomorrow") except for the rate "overnight".

Moody's has put on review for downgrade rating of JSC Russian Railways

International rating agency Moody's Investors Service today put on review for downgrade of the issuer rating of A3, JSC "Russian Railways". This is due to the economic strength of Russia, which has a strong negative impact on the company's ability to develop their capital investment programs. Although, as the agency, "Railways" is one of the key companies in Russia, which can certainly count on state aid.

VTB continues to dialogue with the government

Terms of raising additional capital is discussing with the Government of VTB. This was reported by financial bank director Nicholas Tsekhomsky. "We are continuing dialogue with the government, and as VTB actively lends to the real sector, we are sure that we get state funds in various forms to support plans for lending," - he said. According to him, it is too early to talk about specifics, but as expectations for 2009 are negative, you need to create some kind of "cushion" for growth. "It may be an increase in Tier I capital, as it will be structured, too early to speak. Requires a decision by the government, "- he said, adding that if it is to issue additional shares, the bank will not have time to technically implement it in the first half. Currently the state owns 77.5% stake in VTB. According Tsekhomskaya, changing the ownership structure the result of an additional issue would not change the rights of minority shareholders, since none of them belongs to a blocking stake. Asked whether VTB change the level of dividends for 2008 (in 2007 the bank paid out in dividends 50% of net profit VTB ) Tsekhomsky noted that until this landmark is not me, but did not rule out that it will be corrected. Internal Regulations of the bank says that dividends should not be less than 10% of its net profits, "Interfax."

U.S. stock indexes rose

U.S. stock market on the rise again. Investors have high hopes for anti-crisis program, Barack Obama. The U.S. Congress approved a plan to stimulate the national economy in the amount of 825 billion dollars. Now the White House is developing a supplement to the project, informs television channel Vesti. The White House, in addition to these funds can allocate an additional $ 50 billion that would go to the aid of debtors under the mortgage and support the financial system. Against this background, strongly rebounded in the price of securities of the banking sector. In addition, investors reacted favorably to the intention of Bank of America to cut about a thousand employees of the investment division. Supported the market and news from IBM, a company in VI quarter 2008 last year made a profit of 4 and a half billion dollars, which far exceeded expectations.

Russian corporate bonds market to recover until the second half of 2009

Volume deployment of Russian corporate bonds in 2008 totaled 469.8 billion rubles, while in 2007 this figure was slightly lower - 467.97 billion rubles. There were placed in 147 editions. Such data are Cbonds the first 9 months of last year the company took on the public market of 363.9 billion rubles. (127 issues). The main activity in this market was observed in the first half of the year. At the end of the year for obvious reasons, public offerings almost was not. According to expert estimates the market will begin to work again until the second half of 2009.

Central Bank raised interest rates for silver and palladium from January 23

Bank raised interest rates for silver to 11.96 rubles per gram (0.0800) and palladium to 159.09 AR / g (0.9300). In this case, the Bank of Russia has lowered interest rates on gold to 893.96 AR / g (-9.1300) and platinum to 980.70 AR / g (-4.7800).

Russian markets have opened growth

Go to 10:31 MSK. MICEX gained 2.13% and rose to 595.79 points. In early trading the dollar a little older at 0.0424% and the weighted average exchange rate was 32.7727 rubles. By 10:40 the RTS index added 0,43% and rose to 532.35 points. From industry and indexes rose more than the index of Banking and Finance at 0.53%. "So far, no major changes can not see," - said a senior trader investment bank KIT Finance Alexander Bohinj. On the trends will be only after the markets opened in London (at 12:00 MSK.), Since that is where our securities are traded. Now so far seen only the fact that speculators have again begun to buy dollars, although there were no prospects for the U.S. currency is not, experts said. For all, including the U.S., would be better if he would fall to at least twice.

The rate of inflow of deposits in Russian banks in 2008, slowed in 2,5 times

Inflow of deposits in banks of Russia in 2008 amounted to 14 percent. against 35.4 per cent. in 2007. These estimates are presented to reporters CBR director of the department of banking regulation and supervision of the Bank of Russia Alexey Simanovsky. According to him, the assets of Russian banks in 2008 increased by 38 percent., While in 2007 growth in assets was 44 percent. Capital increased by 46.5 percent. in 2008 against 57.8 per cent growth. a year earlier. The growth rate of loans to non-financial institutions in the past year has also decreased and was 34 percent. against 51.5 per cent. in 2007. Funds raised from the organizations grew in the banks at 18 percent. in 2008 and by 47 percent. in 2007. Loans to natural persons increased by 35.5 percent. in 2008 against 57.8 per cent. a year earlier. A. Simanovsky also said that the arrears on bank loans may be in the 1 st quarter of 2009 to grow to 4-4,5 percent. the loan portfolio. According oyenke CBR, the amount of arrears at the beginning of this year was 3.8 percent. the loan portfolio.

Gazprombank will finance the projects of the state corporation Rostehnlogii

SC "Russian Technologies" and Gazprombank signed a general agreement on cooperation, which defines the main directions of cooperation in financial and credit sphere, the newspaper Kommersant. Gazprombank will provide financial support to enterprises, "Russian Technologies, whose credit arrears, as reported previously head of state corporation, Sergei Chemezov, is 630 billion rubles.

Eastern Europe - the most severe economic stagnation in the world

First, the stock indices of Poland, the Czech Republic and Hungary lost about 15% of their currency fell against the dollar by 12%, the newspaper Vedomosti. 12% reduced the capitalization of the Turkish market. The MICEX index since the beginning of the year has lost 5,8%, RTS - 16,1%, the ruble to the dollar (the rate securities) has fallen by 12%. Most stable among the emerging economies now look like the stock markets and currencies of Asian and Latin American countries, the newspaper notes. The Chinese market is even increased by 9%, while the currencies of Brazil, India and China have not changed

Central Bank has raised official rates of the euro and the dollar since January 23

Central Bank raised official rates of the dollar to 32.7991 p. (+ 0.1561) and the euro to 42.6454 (0.5000). Apparently, the ruble will continue to fall.

UBS predicts a decline in oil demand

Swiss bank UBS expects that demand for crude oil and petroleum products in the world is likely to decline until the end of the third quarter of 2009. "We expect weak growth until the end of 2009," said an economist at UBS AG in New York, Ian Stewart. According to an expert on oil trades in the current year so far influenced by supply and demand factors, rather than asset sales and technical analysis, which led to the collapse of the market in October-December, Interfax reported, citing agency Bloomberg. "We believe that this could be the first tentative step towards the normalization of the oil markets" - hopes the analyst. The average cost of crude oil WTI in I quarter will be $ 55 per barrel, in II - $ 50 per barrel in the third - $ 70 per barrel in the fourth - $ 65 per barrel and $ 60 for the whole year, predicts Stewart. The International Energy Agency announced last week a possible reduction in oil demand in 2009 against the background of global recession - the first time since 1983, demand will fall 2 years in a row.

Russia's international reserves fell by nearly $ 30 billion

The international reserves of the Russian Federation from 02.01.2009 to 16.01.2009 have decreased by more than $ 29 billion. On 01/16/2009 the amount of international reserves has left Russian 396,200,000,000 dollars.

At the auction, the Ministry of Finance has been placed volume OFZ worth about 2 trillion rubles

January 21 at the auction, the Finance Ministry to place the next issue of OFZ was placed on the amount of $ 1 809.045 million rubles. Proceeds from the placement amounted to - 1 798.336 million rubles, maturity date - 18 January 2012, the average price of the nominal value amounted to - 99.4997%, average yield - 12, 70% per annum.

Economic Development: recession is knocking at the door

Economic Development Ministry forecasts decline of Russia's GDP in 2009 to 0.2 percent., Told Interfax a source in one of the departments of finance and economic bloc, with reference to the new calculations of the Ministry. As reported, the Ministry of Economic Development revised macroeconomic forecast for 2009 based on the average oil price $ 41 per barrel in 2009, the average annual rate 35.1 rubles per dollar and inflation 13 percent. Previous forecasts of the Ministry, made in December, suggested Russia's economic growth in 2009 at 2.4 percent. Economic Development and Trade has also increased the forecast decline of industrial production in 2009 to 5.7 percent. against a decline of 3.2 percent. on the previous forecast. In addition, the new forecast of the Ministry, the investment in fixed assets in 2009 decreased by 1.7 percent. against the previously expected growth at 1.4 percent.

Fitch Affirms Raiffeisenbank at A-, outlook - Negative

Fitch Ratings affirmed the long-term issuer default rating in foreign currency Raiffeisenbank at "A-" to "Negative" outlook. Positively affect the ranking of the possibility of potential support from Raiffeisen Zentralbank Oesterreich, third largest bank in Austria and the central element in the structure of the banking group Raiffeisen. According to Fitch, taking into account the capacity and willingness to provide support to RZB Bank, there is an extremely high probability of obtaining such support if necessary. The Negative Outlook reflects the possibility of reducing Russia's sovereign rating.