February 04, 2012 -- Updated July 21, 2010 03:16 HKT
200 + Russian banks may fail to meet Y 2012 capital requirement
Russia’s Central Bank warned Tuesday that more than 200 banks would fail to meet the minimum capital requirement that takes effect in Y 2012.
Alexander Turbanov, general director of the Deposit Insurance Agency, said banks could lose their licenses if their registered capital doesn’t reach the required 180 million rubles (US$5.9M) after Jan. 1, 2012.
Finance Minister Alexei Kudrin last year proposed to increase the minimum capital requirements for banks to 1 billion rubles (U$S32.8M) over the next 6 yrs.—Paul A. Ebeling, Jnr. www.livetradingnews.com
market news
One of the biggest advantages of investing in small-cap Private Placements is the opportunity to participate at the same rate an institution would be investing. Our Private …
Dividend-paying stocks have a long history in investors’ portfolios and Emerging markets are outpacing their developed peers economically.
ASEAN Stars are 210 ASEAN Stocks representing the 30 blue …
Hua Hin International Film Festival a Success
The 1st Hua Hin International Film Festival proved to be a huge success as Producers, Actors, Directors, Financiers and Studios came …
The Hot List
American Estates Management Company PINK:AEMC is a firm that specializes in the purchase and sale of royalties and mineral rights from estates and individuals. AEMC buy royalty …
shoutbox
Guest: when is buzz gapping up?
Wed, 02/01/12 | 0 Comment
8 
1 
Guest: Android 4.0 Google's new OS, Ice Cream Sandwich, is here.
Mon, 01/30/12 | 0 Comment
1
0
E-mail alerts
poll
Loading ...
