Banks will be more control

The Federation Council approved a law on the appointment of authorized representatives of the Bank of Russia to the banks that have received state aid, writes Kommersant newspaper. appropriate changes to the law on the Central Bank of Russian Federation (Bank of Russia). "central bank granted the right to designate authorized representatives to the lending institutions that have received state support. This is a case of obtaining credit institutions from Vnesheconombank and CBR credits in accordance with Law "On additional measures to support the Russian financial system".