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Putin says economic stabilisation good for Deutsche Bank in Russia

September 02, 2011, 14:53 UTC+3
Putin pointed to the role of Deutsche Bank in the Russian Finance Ministry’s placement of rouble bonds
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MOSCOW, September 2 (Itar-Tass) — Russia’s economic stabilisation will create good conditions for activities of Deutsche Bank and other financial institutions of Germany, Prime Minister Vladimir Putin said at the meeting with Deutsche Bank President Josef Ackermann on Friday.

Putin pointed to the role of Deutsche Bank in the Russian Finance Ministry’s placement of rouble bonds.

“This year the Finance Ministry for the first time placed internal rouble bonds on the world markets and your bank was one of the institutions that helped the Finance Ministry to carry out this operation on the world markets,” he said.

“You cannot but notice that our economic situation is stabilising,” he said. “I think that this will create good conditions for the operation of Deutsche Bank, other financial institutions of Germany and our partners in the real sector of economy.”

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