OREANDA-NEWS. March 23, 2007 the Russian Bank for Development positively appraises the RF Government’s intention to include RBD in the draft federal property privatization plan, reported the press-centre of  Russian Bank for Development. “The charter capital of the Bank for Development, being established on the basis of Vnesheconombank (VEB), will be formed including but not limited by RBD’s shares. And according to the applicable Russian legislation it is only possible to deposit shares of the government owned enterprise in the charter capital of another stock company via privatization procedure, - Sergey Krjukov, Chairman of the Managing Board of RBD says. - Thus, such activities can be deemed as benchmarks towards establishing of the Bank for Development, provided that it is an exclusively positive moment”.

Such preliminaries enable the RF Government to proceed with implementation of the plan for establishing the Bank for Development right after adopting by the State Duma a corresponding Federal Law which is expected as early as the Spring session, - S.Krjukov considers.