Source Pravda.Ru

Russia's Banking System Unready For Full-scale Crediting Of Small, Medium-size Business

The Russian banking system is not yet 100-percent ready to credit small and medium-size business, Impexbank president Yuri Isayev told a RIA Novosti news conference on Thursday. The chief reason is, to him, the lack of a material basis which would be a pledge against credits given to small and medium-size business. "We lack legislative acts that would regulate property and mortgage crediting of businessmen. Without initial capital it is actually impossible to start a small enterprise", he lamented. Simultaneously, the bank president stressed that "the time is coming when also financial-crediting institutions have to turn to domestic producers, especially small enterprises". To him, bankers are interested in growth of the middle class, in which they see potential clients.

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten
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