Iran's oil minister says non-OPEC countries agree to cut oil production by 600,000 barrelsBusiness & Economy December 10, 19:42
Russia, Oman enter committee on controlling oil production created by OPEC - BloombergBusiness & Economy December 10, 17:40
Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
Bloomberg: Non-OPEC states agree to cut oil production by more than 600,000 barrelsBusiness & Economy December 10, 16:22
More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
GORKI, April 08. /ITAR-TASS/. The Central Bank of Russia will support banks through the setting up of new refinancing programs with terms up to three year for the implementation of high-efficient investment projects, Finance Minister Anton Siluanov told reporters summing up results of Tuesday’s meeting with the prime minister. Participants in the meeting focused on the development of the Russian banking system.
“The Central Bank works out new refinancing products with long terms up to three years in order to fulfil investment projects, high-efficient projects, including those with covered warrants, and without guarantees with the possibility to grant loans under state contracts, as well as high-efficient commercial projects,” Siluanov said.
In his words, this step will guarantee more resources to the banking system without the hike in the cost of borrowings, and without the growth of rates on the banking market.
“Now, the Central Bank drafts requirements to commercial banks, which have to develop such projects. The main thing is who will estimate those projects,” the minister said, pointing to the possibility to draw outside consulting companies in order to carry out an assessment of such projects. “Here, the Central Bank might make appropriate decisions with due account of expert opinion,” Siluanov said.