Source Pravda.Ru

Will the EBRD become a Vneshtorgbank minority shareholder?

President of the European Bank for Reconstruction and Development Jean Lemierre announced at a Thursday briefing in St. Petersburg that the bank had agreed to consider the possibility of becoming a minority shareholder in Russia's Vneshtorgbank in line with previously stipulated conditions.

The EBRD has begun a necessary independent audit of Vneshtorgbank that should be completed by the end of the summer. In autumn, the EBRD will then take the decision on how many shares and at what price it will buy them, Lemierre said.

The EBRD president also reminded those present that he had met Russian Prime Minister Mikhail Kasyanov in St. Petersburg on Wednesday. According to him, during their meeting, Kasyanov said that Russia saw the EBRD becoming a Vneshtorgbank shareholder as a highly significant move.

Lemierre stressed that the Russian premier had said that an important task for the Russian government was to start the restructuring process within this banking establishment.

© &to=http://www.rian.ru' target=_blank>RIAN

&to=http://www.ebrd.com' target=_blank>EBRD

Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems

Israel vows to destroy Russia's S-300 in Syria in case of danger
Comments
Ukraine loses nearly 4,000 military men killing fellow Ukrainians in Donbass
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
Putin to sign new decree to spend ten trillion rubles on social needs
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Large lake of boiling water found on Mars
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Israel vows to destroy Russia's S-300 in Syria in case of danger
Israel vows to destroy Russia's S-300 in Syria in case of danger
Putin to sign new decree to spend ten trillion rubles on social needs
UN to say amen to aggression against Syria
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Putin to sign new decree to spend ten trillion rubles on social needs
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
UN to say amen to aggression against Syria