Chamber unhappy with Rosselkhozbank

Extension functions Vnesheconombank (VEB) in the anti-crisis plan, the government has increased the risks of the bank. Bank remained stable only at the expense of state financial support. This is stated in the official statement of the Accounts Chamber of Russia. Office announced the results of audit of the use of public funds, including the National Welfare Fund, which has been allocated to the stabilization of the banking system and the real economy in crisis in 2008-2009. Accounting Chamber experts assert that "the expansion of functions Vnesheconombank anti-crisis measures led to an increase in its credit and market risk and lower capital adequacy ratio." "In these circumstances, in 2008-2009, the financial sustainability of the bank was provided entirely by the property contributions of the Russian Federation", - believed in the Chamber. Control and Audit Office examined the use of anti-crisis of state in Sberbank, VTB, Nomos-Bank, Alfa Bank, Khanty-Mansiysk Bank, Gazprombank. All of them received subordinated loans from VEB of placing on its deposits with the National Welfare Fund. "The audit showed that the anti-crisis measures of the government and central bank were timely and made a major contribution to maintaining stability and liquidity of credit institutions, which was sent to a large proportion of the total amount of state financial support," - said in a press release. However, the Audit Board remains dissatisfied with the work of the RAB. The fact that the agency has conducted, and other inspections. The purpose of which was figuring out how to spend public money allocated to agricultural enterprises, which are included in the list of strategic organizations. "In 2009, the Bank of Russia has repeatedly lowered the refinancing rate - from 13% to 8.25%. Nevertheless, the Agricultural Bank, the authorized capital of which is anti-crisis measures of the government was further capitalized 45 billion rubles, providing state support in the form of lending to agricultural enterprises , never reduced credit rate under open credit lines with government support in the form of state guarantees of the Russian Federation ", - said the Accounting Chamber.