Vneshprombank Is on List of Banks to Place Retirement Savings
OREANDA-NEWS. The Central Bank of Russia has announced a new version of the list of the banking institutions that meet the requirements for placement of the retirement savings by the private pension funds engaged in mandatory pension insurance, as well as savings for provision of the military servicemen with the housing facilities.
The list includes the banks that meet the following requirements of Decree No. 451-П: 1) the valid general banking license issued by the Central Bank of Russia; 2) at least RUB 5 bln of the equity as of the last closing date; 3) absence of the ban placed by the regulatory authority to attract individual deposits and open individual accounts. In total, 95 banking institutions are on the list including Vneshprombank Ltd.
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